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Shares in digital media technology company Adobe (NASDAQ: ADBE) fell by 13.8% in December, according to data provided by S&P Global Market Intelligence. Adobe is a software company that offers ...
Adobe (NASDAQ: ADBE) stock tumbled 12.4% through 10:30 a.m. ET Thursday despite beating earnings in its fiscal Q4 2024 report last night. Heading into the report, analysts forecast Adobe would ...
From a valuation standpoint, the stock currently trades at a forward price-to-earnings (P/E) ratio of 23.5 times fiscal year 2025 analyst estimates and a forward price-to-sales (P/S) multiple of ...
Adobe stock fell after the creative software giant provided a weaker-than-expected outlook for the 2025 fiscal year. ... He lowered his price target on Adobe stock to $587 from $644 while ...
The S&P 500 is a stock market index maintained by S&P Dow Jones Indices. It comprises 503 common stocks which are issued by 500 large-cap companies traded on the American stock exchanges (including the 30 companies that compose the Dow Jones Industrial Average). The index includes about 80 percent of the American market by capitalization.
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 ...
In May 2003, Adobe acquired Syntrillium Software and its digital audio editor software Cool Edit Pro, and merged it into its product line, re-releasing it as Adobe Audition. [ 8 ] In the 1990s, Adobe purchased a minority stake in four companies, and it purchased a stake in one company in the 2000s.
Adobe Inc’s (NASDAQ:ADBE) share price has fallen more than 13% from the all time high recorded at the beginning of the month. Technology shares have been under pressure, but Adobe has been ...