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
217,15 €
1,16 %
Klare Kaufstimmung für Adobe Inc.: Viel mehr Buy- als Sell-Einschätzungen.
Ein Kursziel von 364 € für Adobe Inc. würde eine Steigerung von mehr als 50% gegenüber dem aktuellen Kurs von 217.15 € bedeuten.
