Finance

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

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Adobe Systems world headquarters in downtown San Jose, Calif.

Lisa Werner | Moment Mobile | Getty Images

Adobe — Shares of the digital cloud giant rose nearly 3% after it reported quarterly earnings of $3.03 per share. That figure beat analysts’ expectations by 22 cents, according to Refinitiv. The company also brought in $3.84 billion in revenue, topping estimates of $3.73 billion.

Fox Corp — The media giant’s stock rose more than 1% following an announcement that the company is adding $2 billion to its stock repurchase plan. The increase brings the company’s total stock repurchase authorization to $4 billion. More than $1.56 billion of it has been completed to date, the company said…



Source cnbc.com

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