Stocks to Watch: Credit Suisse, Adobe, Proterra, UiPath
16 März 2023 - 12:41AM
Dow Jones News
By Sabela Ojea
Swiss regulators on Wednesday said they would provide liquidity
to Credit Suisse Group AG, if necessary, offering a lifeline to the
lender hard hit by concerns over its financial health. ADRs of the
investment bank jumped 7.4% in after-hours trading.
Adobe Inc. raised guidance on some of its fiscal 2023 targets
and issued its outlook for the second quarter. Shares of the
software maker rose 5% in after-hours trading.
Proterra Inc. reported a wider fourth-quarter loss and warned
that it may not have enough liquidity at the end of the current
quarter. Shares of the electric vehicle technology maker dived 14%
in after-hours trading.
UiPath Inc. provided a bullish outlook for the current quarter
and fiscal year as well as its latest quarterly results. Shares of
the automation software company climbed 13% in after-hours
trading.
Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix
(END) Dow Jones Newswires
March 15, 2023 19:26 ET (23:26 GMT)
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