Shares plunge 5.4% to 52-week low after Oppenheimer downgrade. AI competition from Canva, Figma concerns analysts. Down 24% ...
Share prices of Adobe (NASDAQ: ADBE) sold off after the company reported its fiscal 2024 third-quarter results on Sept. 12 and management offered weak guidance for the rest of the year. The stock now ...
Adobe has underperformed the market so far in 2024. The stock could remain volatile as its investments in growth will take time to pay off. Adobe is well-positioned to continue making meaningful ...
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