Twitter chatter: Twitter soared 21 percent, to $22.62 Friday after CNBC reported that the company is in talks with Salesforce and Google’s parent company, Alphabet, for a possible sale. Alphabet shares declined 0.04 percent to $786.90; Salesforce dipped 6 percent to $70.39.
Pulled a rabbit: Open source software company Red Hat rose 5 percent, to $80.86 Thursday after the company reported better than expected results in its second quarter as subscription revenue rose 20 percent over the previous year. The stock finished the week at $79.13.
Adobe jumps: Software maker Adobe Systems climbed 7 percent to $107.85 Wednesday after it raised its forecasts for the year. Adobe also reported solid third-quarter results fueled by its cloud division. The stock closed the week at $107.47.
Check’s in the mail: FedEx saw its stock jump 6 percent to $172 Wednesday after its earnings beat expectations and the company boosted its forecasts for the year, projecting a record holiday season. The stock closed Friday at $174.39.
Home sweet home: KB Home shares added 53.5 percent, to $15.51 Wednesday after the homebuilder disclosed strong results that exceeded expectations. KB Home shares closed the week at $15.70.
Sarepta surging: Sarepta Therapeutics soared 65 percent, to $46.39 Monday after the Food and Drug Administration approved its drug Exondys 51, a treatment for a type of muscular dystrophy. The FDA had extended its review in May. The shares closed Friday at $57.83.