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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..

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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

NASDAQ:ADBE
Market: NASDAQ
Market Cap: $171.37 billion
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