After-Hours Movers: Adobe Systems, SentinelOne, Intel, and Others
After-hours movements:
Adobe Systems (NASDAQ:ADBE) stocks showed volatility following mixed quarterly results and forecasts. The company predicts second-quarter revenue for 2025 to be between $5.77 billion and $5.82 billion, while market expectations stood at $5.8 billion.
SentinelOne, Inc. (NYSE:S) fell by 15% after its first-quarter forecast missed expectations. The company anticipates first-quarter revenue for 2026 to be $228 million, below the market expectation of $235.5 million. Intel (NASDAQ:INTC) rose by 11% following the appointment of a new CEO. Successful technology leader Lip-Bu Tan, with extensive experience in the semiconductor sector, will take over as CEO on March 18. UiPath Inc. (NYSE:PATH) dropped by 18% after significantly underperforming forecasts. American Eagle Outfitters (NYSE:AEO) also fell by 5% due to weak forecasts, expecting mid-single-digit declines in first-quarter revenue. A10 Networks (NYSE:ATEN) declined by 10% after announcing plans to issue $200 million convertible senior bonds due in 2030.