Stocks making the biggest moves after hours: Adobe, Ulta Beauty, Lennar & more

by | Mar 12, 2026 | Financial

Check out the companies making headlines in after-hours trading. Ulta Beauty — Ulta shares dropped 8% after the beauty products retailer reported weak earnings results . For its fourth quarter, Ulta posted earnings of $8.01 per share, falling short of the $8.03 per share that analysts polled by LSEG were expecting. The retailer’s revenue of $3.90 billion came out ahead of the $3.80 billion expected. Adobe — The software giant saw shares tumble nearly 7%. CEO Shantanu Narayen said that he would step down from his post after a successor has been named. Narayen will remain as chair of the company’s board. He has been Adobe’s CEO since 2007. The news overshadowed first-quarter beats on the top and bottom lines. Lennar — The homebuilder dropped 2% in the after-hours session, after Lennar reported a second quarterly earnings miss in a row. The company reported earnings of 93 cents per share on revenue of $6.62 billion, falling short of the 96 cents per share and $6.88 billion that was expected by analysts polled by LSEG. Rubrik — The data security and cloud stock popped 2% after posting fourth-quarter adjusted earnings of …

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