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Donald Trump, Affiliated Managers Group, Adobe Systems and more - AFTER HOURS

We are covering the after hours buzz stocks here at Proactive..

What happened after hours on Wall Street..?

As news surrounding President Trump and the Fed's Yellen continued to drive the news agenda on Wednesday, after hours trade saw a number of stocks buzzing.

One was Missouri-headquartered pharma group Mallinckrodt (NYSE:MNK), which added almost alf a percent in extended trading.

It is also up 3.17% in pre-market deals today after the all-powerful Food and Drug Administration (FDA) granted special orphan labeling to its muscular dystrophy drug candidate.

The FDA has given MNK-1411 what's called orphan drug designation - given to firms to indicate a drug that will be used to treat, diagnose or prevent rare diseases.

Elsewhere, Affiliated Managers Group Inc (NYSE:AMG) saw shares nudge a tad higher, after hours after it had earlier dropped 1.4% after telling investors after the New York bell that it would redeem the full $200mln principal amount of 6.375% senior loan notes that were issued in 2012.

Meanwhile, Adobe Systems Inc (NASDAQ:ADBE) was down 2% on low volume trade - after hours. In the earlier regular session, Adobe had put on 2.08% to  US$145.91.


Quick facts: Adobe Systems Incorporated

Price: 351.37 USD

Market: NASDAQ
Market Cap: $171.37 billion

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