Adobe, Devon Energy drops; Moderna, rise of Seagen | Company

NEW YORK (AP) — Stocks that traded heavily or saw significant price changes on Friday:

Adobe Inc., down $4.29 to $360.79.

The Photoshop and Illustrator software maker cut its profit and revenue forecast for the year.

United States Steel Corp., up 31 cents at $19.89.

The steelmaker gave investors an encouraging update on its second-quarter earnings.

Roku Inc., up $3.84 at $82.42.

The video streaming company has struck an e-commerce deal with retail giant Walmart.

Bausch Health Companies Inc., up 8 cents at $7.36.

Quebec contact lens maker Bausch + Lomb has suspended plans to IPO its company Solta Medical.

Seagen Inc., up $18.67 to $165.45.

Merck is reportedly considering buying the biotech company.

World Wrestling Entertainment Inc., down $2.36 to $62.51.

CEO Vince McMahon is leaving the pro wrestling promoter amid an investigation into possible misconduct.

Devon Energy Corp., down $5.25 to $58.02.

Energy companies slid as oil prices fell.

Moderna Inc., up $6.95 at $128.03.

The vaccine maker gained traction after US regulators authorized the first COVID-19 vaccines for infants and preschoolers.

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