Adobe Surging On Apple News (ADBE, AAPL)

Shares of Adobe Systems ADBE have climbed 9.21% to $32.01 during Thursday's trading session on news that Apple AAPL would drop restrictions on the use of development tools for its App Store. More than 10.8 million ADBE shares have traded hands compared to a daily average of just over 6 million. The stock had been weighed down in recent months after Apple shut out App developers using Adobe "Flash." Adobe Systems Incorporated (Adobe) is a diversified software company. The Company offers a line of creative, business, Web and mobile software and services used by creative professionals, knowledge workers, consumers, original equipment manufacturer, developers and enterprises for creating, managing, delivering and engaging with content and experiences across multiple operating systems, devices and media.