Adobe's Growth Plans Just Took a Big Hit
's (NASDAQ: ADBE) $20 billion acquisition of Figma is off, and it's a big blow to the creative technology company.
In this video, Travis Hoium goes over the breakup and covers why it's such a big deal for Adobe. Not only is it a strategic challenge, it should make investors think twice about the company's valuation.
*Stock prices used were end-of-day prices of Dec. 19, 2023. The video was published on Dec. 19, 2023.
Source Fool.com
Adobe Inc. Stock
€502.10
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