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

California is set to receive supplies of the Johnson & Johnson vaccine, which is still under review by the U.S. Food and Drug Administration. (Courtesy photo)
California could receive 380K doses of new J&J COVID vaccine next week

California could receive 380,300 doses of the new Johnson & Johnson vaccine… Continue reading

Disability advocates protested outside the home of San Francisco Health Officer Tomas Aragon. (Courtesy Brooke Anderson)
Vaccine rollout plan for people with disabilities remains deeply flawed

On February 13, disability activists paid a visit to the house of… Continue reading

A Bay Area Concrete Recycling facility that opened on PG&E property in 2019. Former PG&E employees have been accused of accepting bribes from Bay Area Concrete. (Courtesy of Bay Area Concrete Recycling via ProPublica)
Lawsuit reveals new allegations against PG&E contractor accused of fraud

By Scott Morris Bay City News Foundation Utility giant Pacific Gas &… Continue reading

New protected bicycle lanes stretch from the city's Portola District to Bernal Heights. (Courtesy Bay City News)
City leaders celebrate protected bike lanes in city’s Portola, Bernal Heights neighborhoods

San Francisco city leaders on Thursday announced the completion of new protected… Continue reading

A short walk leads to the base of Yosemite Falls, requiring no snow gear except in heavy winter conditions. (Matt Johanson/Special to S.F. Examiner)
Snowy destinations abound in Yosemite winter

Those who journey to the mountains discover grand scenery, solitude .

Most Read