Oracle and Tapestry slip while Adobe and Sarepta advance

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NEW YORK (AP) — Stocks that moved substantially or traded heavily on Friday:

Oracle Corp., down $1.96 to $54.51

The business software maker's fiscal second-quarter revenue fell short of Wall Street forecasts.

Adobe Inc., up $11.98 to $317.94

The design software company's fiscal fourth-quarter profit and revenue beat analysts' forecasts.

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Wells Fargo & Co., down 57 cents to $53.79

Bond yields fell, which hurts banks' ability to charge more lucrative interest on mortgages and other loans.

Tapestry Inc., down 40 cents to $25.94

The maker of high-end shoes and handbags said the CEO of its Kate Spade business is resigning.

Sarepta Therapeutics Inc., up $31.58 to $132.05

The drug developer received regulatory approval for a muscular dystrophy treatment.

iHeartMedia Inc., up $1.08 to $15.64

Liberty Media is seeking permission to buy a larger stake in the radio broadcaster, according to the Wall Street Journal.

Exelixis Inc., up 17 cents to $17.82

The drug developer gave investors an encouraging update on its development of a cancer treatment.

Facebook Inc., down $2.64 to $194.11

The Federal Trade Commission could block the company from integrating its messaging apps, according to media reports.

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Companies Mentioned in This Article

Company	MarketRank™	Current Price	Price Change	Dividend Yield	P/E Ratio	Consensus Rating	Consensus Price Target
Adobe (ADBE)	4.7939 of 5 stars	$465.02	-1.7%	N/A	44.46	Moderate Buy	$620.72
Sarepta Therapeutics (SRPT)	4.9104 of 5 stars	$115.62	-0.8%	N/A	-18.89	Moderate Buy	$158.38
Exelixis (EXEL)	4.977 of 5 stars	$22.52	+0.1%	N/A	35.19	Moderate Buy	$26.29