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The Stock Movers Report, your roundup of companies making moves in the stock market. Harnessing the power of Bloomberg Data.
Let's stick a look at some of the slaps on the move today. We can do that with Bloomberg News. Is Matt Griffin, Matt, what are you looking at today? Well, of course, while there's one stock that we're all thinking about, but it isn't trading yet, So another name I can offer you instead is Adobe. Elsewhere in the tech complex. This stock down about seven and a half percent after the creative software company said it's chief financial officer would
depart on Monday. It's the second leadership leadership departure at the company since the CEO announced his resignation earlier this year. So that their CFO, Dan Dern is heading to Marvel, the chipmaker, to take the same job. And you know, Adobe gave good Resist's in a good outlook. However, at the same time, investors want to see what their strategy
is for the age of AI. Stock's been beaten up this year and whatever Core says is there's just going to be an overhang here and tell there's new leadership and until they articulate a clear strategy. So now that's stock down about forty two percent this year. That's ticker ADBE sounds good. What else? I've been looking at home builder Lennar That stock down almost three percent after they
forecast deliveries for the third quarter, the missed estimates. It's the same story that's been going on with home builders for a while. Mortgad rates have climbed during the war in Iran. You know, consumers are under pressure. They don't want to make big purchases like homes. So that stock ticker l E in also extending a decline, down about ten percent this year.
Now, all right, how about Adobe?
Well, so the third one we could look at all good Corey' ticker c r w V. That is a stock you will be seeing more of because it is joining the Nasdaq one hundred index. Prior to the open on June twenty second, stock up about three percent. You know, this inclusion in a major index like that brings in a lot of passive buying can lift a stock. We saw jumps earlier in Nebuoussteri Labs, Teradyne. Those are also names that are joining one that isn't rallying is rocket Lab.
They're also joining the index. However, space stocks are plunging in advance of the SpaceX trading debut today at SpaceX's competitors or peers, i should say.
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