Midday Movers: Humana, Adobe, Union Pacific and More

By Liz Moyer

Investing.com -- U.S. stocks wobbled on Thursday after a strong retail sales report and a better than expected number on jobless claims. Here are the midday movers for Sept. 15:

  • Humana Inc (NYSE:HUM) shares jumped nearly 9% after the health insurer raised its outlook for the year and said it will no longer expect any Covid-19 impact to results.
  • Adobe Systems Incorporated (NASDAQ:ADBE) shares dropped 16% after it announced a $20 billion cash and stock deal to buy digital design firm Figma. It also revealed it beat expectations in the last quarter.
  • Union Pacific Corporation (NYSE:UNP) stock rose 2% after the Biden administration struck a deal to avert a strike by railroad workers that could have crippled supply chains. Norfolk Southern Corporation (NYSE:NSC) stock rose 1.3%, and CSX Corporation (NASDAQ:CSX) fell 2.3%.
  • Danaher Corporation (NYSE:DHR) stock rose 1.6% after the diagnostic device maker said it was going to spin off its environmental and applied sciences group into a separately traded company.
  • Gap Inc (NYSE:GPS) shares fell 3% after a report that Kanye West ended his marketing agreement with the casual clothing retailer.

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