Company News for Mar 16, 2026

  • Adobe Inc.’s (ADBE) 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) 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) 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) 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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Adobe Inc. (ADBE) : Free Stock Analysis Report

Nektar Therapeutics (NKTR) : Free Stock Analysis Report

Meta Platforms, Inc. (META) : Free Stock Analysis Report

Oruka Therapeutics, Inc. (ORKA) : Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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