Morning stock check: Adobe Systems up, SanDisk down

Adobe Systems Incorporated (ADBE) was performing well in early trading, up more than five percent on Tuesday. NVIDIA Corporation (NVDA), which recently earned international kudos for its business model and products, was not far behind, up nearly three percent. BEA Systems, Inc. (BEAS) was also up.

SanDisk Corporation (SNDK), however, was trending downward nearly three percent on Tuesday morning. Google Inc. (GOOG) and Safeway Inc. (SWY) were also trading downward.

Apple Inc. (AAPL) was trading at highest volume, at more than 5.3 million shares changing hands. Intel Corporation (INTC) and Adobe Systems Incorporated (ADBE) were also trading up at nearly 5 million shares each.

The Dow Jones Industrial Average, overall, has been up and down in early trading, but is trading upward at more than a third of a percent.

In other stock news, Intel said Tuesday it would sell telecommunications assets</a> of the company's optical platform division to Emcore Corp., a chip materials maker, for $85 million. Telecom assets include intellectual property, assets and fiber-optic technology.

Security software company Symantec Corp. said Tuesday a Los Angeles federal court awarded $21 million in damages against a network of counterfeit Symantec software distributors.

businessBusiness & Real Estate

If you find our journalism valuable and relevant, please consider joining our Examiner membership program.
Find out more at www.sfexaminer.com/join/

Just Posted

Mayor London Breed said the city would pause reopening plans in order to “make sure we continue our cautious and deliberate approach.” (Kevin N. Hume/S.F. Examiner)
SF slows down reopening after COVID-19 cases rise

Restaurants no longer permitted to increase indoor dining capacity to 50 percent

Toilet (Shutterstock)
Table salt and poop: Testing for COVID-19 in S.F. sewage

The City’s sewers could provide an early warning of fresh outbreaks

CCSF file photo
Workforce development fund to support training programs at City College

Supervisors back plans to use $500K toward economic recovery efforts through CCSF

Lakeshore Elementary School was closed in March shortly before SFUSD closed all schools due to coronavirus concerns. The district is now working to prepare all elementary schools to reopen by mid-January.<ins> (Kevin N. Hume/S.F. Examiner)</ins>
School district preparing buildings for hybrid learning

SFUSD plans to use 72 elementary schools and 12 early education sites for first phase of reopening

Most Read