Twitter Shares Sink as COO Leaves, and Adobe on the Rise

January 23, 2018
Updated 17d ago

Shares of the social media company fell as much as 4 percent after COO Anthony Noto said he was stepping down to take over as CEO of fintech start-up SoFi.

Plus Adobe raised its forecast for earnings this year, thanks to tax reform. The company saying a lower corporate tax rate will significantly boost results for the rest of 2018.

And GoPro gets a downgrade from Morgan Stanley. And we take a look at how Disney shares are trading after UK regulators tried to block Fox's acquisition of Sky, one of the linchpins in Disney's planned takeover of Fox.