Stocks making the biggest moves after hours: Adobe, RH, Oracle and more

Published On Sep 12, 2024, 5:15 PM

After hours trading saw significant movements from several major companies: Adobe shares dropped over 10% after issuing disappointing revenue guidance for the fourth quarter, forecasting between $5.50 billion and $5.55 billion compared to analyst expectations of $5.61 billion. Oracle, on the other hand, saw its stock rise nearly 6% after providing positive revenue guidance for 2026, estimating at least $66 billion. RH experienced a substantial surge of nearly 19% following a strong fiscal second-quarter performance, reporting earnings that surpassed expectations. In contrast, Neurocrine Biosciences lost more than 2% after its drug for schizophrenia failed in clinical trials.