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STOCKS | Adobe Falls Premarket After CFO Departure; Lennar Slides on Outlook

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2026-06-12 15:00:43
Adobe (ADBE) fell in premarket trading on Friday after the software maker said CFO Dan Durn will depart June 15, ahead of the company’s report due later in the day. According to Bloomberg, Lennar (LEN) shares were lower after its forecasts for new orders and deliveries trailed expectations, and CEO Stuart Miller said the latest quarter was “defined by the same stubborn headwinds that have challenged the housing market for the past several years.”

SpaceX (SPCX) shares were pricing as the company debuted on the NASDAQ, with space stocks including Rocket Labs (RKLB), EchoStar (SATS) and Redwire (RDW) up amid the IPO.
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