Pre-market Decliners: The Home Depot, Inc. (NYSE:HD), Adobe Systems Incorporated (NASDAQ:ADBE), TVIX, ProShares UltraShort Nasdaq Biotech (NASDAQ:BIS)

Ned Davis Research upgraded shares of The Home Depot (NYSE:HD) from a neutral rating to a buy rating in a research note released on Monday morning, Stock Ratings Network reports. The Home Depot, Inc. (NYSE:HD) stock opened today at $79.21 and is currently trading at $78.94. The stock showed a positive weekly performance of 15.05%.

Adobe Systems (NASDAQ:ADBE) Chairman John Warnock sold 50,000 shares of Adobe Systems stock in a transaction dated Monday, March 24th. The stock was sold at an average price of $65.63, for a total transaction of $3,281,500.00. Following the completion of the transaction, the chairman now directly owns 16,088 shares of the company’s stock, valued at approximately $1,055,855. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Adobe Systems Incorporated (NASDAQ:ADBE) stock opened at $64.87, in current trading session and currently is at $65.32, by gaining 0.68%.The 52 week range of $41.91-$71.11. Company’s market capitalization is $32.39 billion.

The chart for the Credit Suisse AG – VelocityShares Daily 2x VIX Short Term ETN (NASDAQ:TVIX) has shown over the last month and change a bottoming pattern, with shares forming a triple bottom chart pattern at $6.62, $6.95 and $7.05 a share. As long as that bottom holds, then we have a technical situation here that could be setting the TVIX up for a major breakout trade. If that breakout does trigger, then the TVIX has a great chance to spike sharply higher. Credit Suisse AG – VelocityShares Daily 2x VIX Short Term ETN (NASDAQ:TVIX) stock is currently trading at $7.14 .Company’s market capitalization is $189.40 million.

ProShares UltraShort Nasdaq Biotech (NASDAQ:BIS), a premier provider of alternative exchange traded funds, announced that its High Yield—Interest Rate Hedged ETF (HYHG) has garnered more than $100 million in assets since its launch in May 2013. HYHG delivers a portfolio of high yield bonds and a built-in interest rate hedge.ProShares UltraShort Nasdaq Biotech (NASDAQ:BIS) stock opened the session at $18.68, and now is at $18.25. The 52 week range of the BIS stock remained $13.52-$48.54 and the day range was $17.91-$18.83.