Gainers
- SendGrid Inc SEND shares are up 14 percent after Twilio TWLO announced it will acquire the company in a $2 billion all-stock transaction.
- Forterra Inc FRTA shares are up 7 percent. No news was immediately available.
- Adobe Inc ADBE shares are up 6 percent after reaffirming fourth-quarter sales guidance of $2.42 billion and EPS guidance of $1.87. The company sees FY19 total adobe sales growth of about 20 percent year-over-year and sees digital media annualized recurring sales of $1.4 billion of net new ARR.
- Ultralife Corp. ULBI shares are up 5 percent after announcing it won a $8.3-million communications systems leader radio contract.
Losers
- Silicon Motion Technology Corp. SIMO shares are down 2 percent. No news was immediately available.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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