Warner Bros Extends Gains; Adobe Rises; RH Slides
On this episode of Stock Movers:- Warner Bros. Discovery (WBD) shares climb after Paramount Skydance, the Hollywood studio taken over by independent filmmaker David Ellison, was said to be preparing a bid for the company. Meanwhile, shares in Paramount rise 2%. - Adobe (ADBE) shares rise after the maker of software for creative professionals reported third-quarter results that beat expectations and raised its full-year forecast on key metrics. Analysts cited annual recurring revenue (ARR) as a highlight, and the report was seen as easing concerns about competition from AI.- RH (RH) shares…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.