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Why Did Adobe Stock Crash After Earnings?


In this video, I will go over 's (NASDAQ: ADBE) first-quarter earnings report and specific comments made during the earnings call, and I'll explain why the stock is down.

*Stock prices used were from the trading day of March 14, 2024. The video was published on March 14, 2024.

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Source Fool.com

Adobe Inc. Stock

€454.15
-0.680%
The price for the Adobe Inc. stock decreased slightly today. Compared to yesterday there is a change of -€3.100 (-0.680%).
With 45 Buy predictions and 2 Sell predictions Adobe Inc. is one of the favorites of our community.
As a result the target price of 590 € shows a positive potential of 29.91% compared to the current price of 454.15 € for Adobe Inc..
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