Take a look at some of the biggest movers in the premarket:
Adobe (ADBE) – Adobe reported quarterly profit of $3.03 per share, 21 cents a share above estimates. The software company’s revenue also topped Wall Street forecasts and Adobe gave stronger-than-expected current-quarter guidance. Its shares rose 3.1% in premarket trading.
Smith & Wesson (SWBI) – Smith & Wesson reported better-than-expected profit and sales for its latest quarter, as the gun maker’s sales surged 67% compared to the same quarter a year earlier. The company notes that its shipments jumped 70% compared to overall industry growth of 42%. Shares rallied 4.7% in premarket trading.
Orphazyme (ORPH) – Orphazyme…