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After-hours movers: Adobe, RH, GME, and more

June 13, 2024 5:01 PM EDT

After-Hours Stock Movers:

Adobe Systems (NASDAQ: ADBE) rose 14% after it reported solid second quarter results and updated guidance for the year. The company's CEO said the company's highly differentiated approach to AI and innovative product delivery are attracting an expanding universe of customers and providing more value to existing users.

Vaxart (NASDAQ: VXRT) rose 115% after it announced that it received a project award valued at up to $453 million through the Rapid Response Partnership Vehicle. The RRPV is a Consortium funded by the Biomedical Advanced Research and Development Authority, part of the Administration for Strategic Preparedness and Response in the U.S. Department of Health and Human Services.

RH (NYSE: RH) fell 7% after it reported second quarter earnings per share that missed estimates and issued guidance. The company said it expects business conditions to remain challenging until interest rates ease and the housing market begins to rebound.

GameStop (NYSE: GME) shares were choppy after Roaring Kitty exercised call options.



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