Adobe Falls, Lennar Dips, Medline Slips as Analysts Flag Impact From Facility Fire
On this episode of Stock Movers:-Adobe (ADBE) shares fall. The company said its chief financial officer would depart, leaving a leadership vacuum following the CEO's announced resignation. Chief Financial Officer Dan Durn is exiting his post to join Marvell Technology Inc., and Steve Day will serve as interim CFO until a successor is hired.-Lennar (LEN) shares dipped after the homebuilder forecast deliveries for the third quarter; the guidance missed the average analyst estimate. Analysts note a challenging backdrop of high mortgage rates and geopolitical uncertainty.-Medline (MDLN) shares…
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