Why Adobe Stock Was Sliding Today
Shares of Adobe (NASDAQ: ADBE) were falling Friday after the cloud software giant beat estimates for its fiscal first quarter, but issued disappointing guidance for the current quarter, sparking concerns that competition was catching up to it and it was failing to fully capitalize on i opportunities of artificial intelligence (AI).
As of 2:15 p.m. ET, the stock was down by 14.1%.
Image source: Getty Images.
Source Fool.com
Adobe Inc. Aktie
502,10 €
-0,61 %
Überwältigendes Buy-Interesse bei Adobe Inc., mit einer hohen Anzahl von Buy- und wenigen Sell-Einschätzungen.
Ein leicht positives Kursziel von 588 € für Adobe Inc. gegenüber dem aktuellen Kurs von 502.1 € wird gesehen.
