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Why Adobe Stock Dropped Today


And the tech stock sell-off just goes on and on! On Wednesday, for the fourth trading session in a row, shares of software star Adobe (NASDAQ: ADBE) suffered yet another slump. Down 4.3% as of 11:40 a.m. ET, Adobe stock has now fallen 7% since the downturn began.

And today, you have someone to blame for it: UBS.

Image source: Getty Images.

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Source Fool.com

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