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Stocks making the biggest moves midday: Adobe, Airbnb, AT&T, Robinhood, Novartis and more
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Check out the companies making headlines in midday trading.
Adobe — Shares of Adobe sank 11.4% after issuing weaker-than-expected guidance. Adobe forecast fiscal year 2022 adjusted earnings of $13.70 per share versus the $14.26 per share consensus expectation from Refinitiv.
AT&T — Shares of telecom giant AT&T rallied 7.4% after Morgan Stanley upgraded the stock to an overweight rating from equal-weight. The firm said AT&T shares look attractive after the stock's underperformance
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