VERB - Dow Falls Over 200 Points; Adobe Shares Plunge | Benzinga
U.S. stocks traded lower toward the end of trading, with the Dow Jones index falling over 200 points on Friday.
The Dow traded down 0.55% to 38,692.43 while the NASDAQ fell 0.90% to 15,982.65. The S&P 500 also fell, dropping, 0.64% to 5,117.35.
Check This Out: Top 5 Industrials Stocks That May Fall Off A Cliff In Q1
Leading and Lagging Sectors
Materials shares jumped by 0.2% on Friday.
In trading on Friday, information technology shares fell by 1.4%.
Top Headline
Shares of Adobe Inc. (NASDAQ: ADBE) fell around 14% on Friday after the company issued a weak forecast.
Adobe reported better-than-expected results for its first quarter but issued weak revenue guidance for the current quarter. The company said it sees second-quarter revenue in the range of $5.25 billion to $5.30 billion versus estimates of $5.31 billion, according to data from Benzinga Pro.
Equities Trading UP
Verb Technology Company, Inc. (NASDAQ: VERB) shares shot up 219% to $0.4461. VERB's MARKET.live launched Facebook and Instagram social shopping technology integration.
Shares of Cardlytics, Inc. (NASDAQ: CDLX) got a boost, surging 64% to $13.45 after the ...