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Company News for Mar 16, 2026

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  • Adobe Inc.’s ((ADBE - Free Report) ) shares tumbled 7.6%, after the company announced that its longtime CEO Shantanu Narayen will step down once a successor is appointed.
  • Shares of Meta Platforms Inc. ((META - Free Report) ) slid 3.8% following news that the company has delayed the release of its new AI model "Avocado" to at least May. 
  • Shares of Nektar Therapeutics ((NKTR - Free Report) ) surged 4.1% after reporting fourth-quarter 2025 adjusted loss of $1.78 per share, narrower than the Zacks Consensus Estimate of an adjusted loss of $2.76 per share. 
  • Oruka Therapeutics Inc.’s ((ORKA - Free Report) ) shares soared 25% after posting fourth-quarter 2025 adjusted loss of $0.45 per share, narrower than the Zacks Consensus Estimate of an adjusted loss of $0.61 per share. 


 

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