Stocks making the biggest moves after hours: Credit Suisse, Adobe, UiPath and more
In this article Check out the companies making headlines after the bell. Credit Suisse — Credit Suisse shares rallied almost 7% after a statement from the Swiss Financial Market Supervisory Authority and the Swiss National Bank said that the bank is currently well capitalized.
The SNB added that it would provide additional liquidity if necessary. Shares tumbled 13.9% during Wednesday's trading session after Credit Suisse's largest investor, Saudi National Bank, said that it could not provide the Swiss bank with any further financial assistance.
Adobe — The software company's shares were up 4.6% after its fiscal first-quarter results topped Wall Street estimates. The company reported adjusted earnings of $3.80 per share and revenue of $4.66 billion.
Analysts polled by Refinitiv had expected earnings of $3.68 per share and revenue of $4.62 billion. Five Below — Shares of the value retailer were down more than 3% in extended trading, slipping on the company's muted outlook for the first quarter.
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