Midday Movers: Humana, Adobe, Union Pacific and More

By Liz Moyer

Investing.com — U.S. stocks wobbled on Thursday after a strong report and a better than expected number on . Here are the midday movers for Sept. 15:

• Humana Inc (NYSE:) shares jumped nearly 9% after the health insurer raised its outlook for the year and said it will no longer expect any Covid-19 impact to results.
• Adobe Systems Incorporated (NASDAQ:) shares dropped 16% after it announced a $20 billion cash and stock deal to buy digital design firm Figma. It also revealed it in the last quarter.
• Union Pacific Corporation (NYSE:) stock rose 2% after the Biden administration struck a deal to avert a strike by railroad workers that could have crippled supply chains. Norfolk Southern Corporation (NYSE:) stock rose 1.3%, and CSX Corporation (NASDAQ:) fell 2.3%.
• Danaher Corporation (NYSE:) stock rose 1.6% after the diagnostic device maker said it was going to spin off its environmental and applied sciences group into a separately traded company.
• Gap Inc (NYSE:) shares fell 3% after a report that Kanye West ended his marketing agreement with the casual clothing retailer.

[ad_2]

Source link