Adobe, Ulta Beauty fall; Madrigal, Intuitive Surgical rise, Friday, 3/15/2024

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

Adobe Inc., down $77.99 to $492.46.

The software maker gave investors a discouraging revenue forecast for its current quarter.

Ulta Beauty Inc., down $29.46 to $535.98.

The cosmetics retailer gave investors a disappointing earnings forecast for the year.

PagerDuty Inc., down $1.68 to $21.25.

The software developer gave investors a weak profit forecast for the year.

Intuitive Surgical Inc., up $11.97 to $396.28.

The surgical device maker received U.S. approval for its latest robotic-assisted surgery system.

Jabil Inc., down $24.31 to $123.15.

The electronics manufacturer trimmed its revenue forecast for the year.

Hibbett, Inc., down $4.52 to $68.51.

The sporting goods retailer gave investors a disappointing profit forecast for the year.

Smartsheet Inc., down $2.78 to $37.52.

The cloud-based work-management platform gave investors a weak revenue forecast.

Madrigal Pharmaceuticals Inc., up $26.80 to $270.37.

The drug developer received regulatory approval for a liver condition treatment.

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