Adobe Inc ADBE

Technology Software - Application

Adobe Inc is a United States-based global technology company. The Company's products, services and solutions are used around the world to imagine, create, manage, deliver, measure, optimize and engage with content across surfaces and fuel digital experiences. Its segments include digital media, digital experience, and publishing and advertising. The digital media segment is centered around Adobe Creative Cloud and Adobe Document Cloud, which include Adobe Express, Adobe Firefly, Photoshop and other products, offering a variety of tools for creative professionals, communicators and other consumers. The digital experience segment provides an integrated platform and set of products, services and solutions through Adobe Experience Cloud. The publishing and advertising segment contains legacy products and services. In addition, its Adobe GenStudio solution allows businesses to simplify their content supply chain process with generative artificial intelligence (AI) capabilities.

NDAQ:ADBE - Post by User

Adobe Inc

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Comment by mhoganon Jan 30, 2000 7:21pm

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Post# 1297733

RE: ADBE reported good earnings

What was looking like a consolidation last week gave way to a renewed decline in ADBE, as prices fell through support at $60. This level had held up well since early December, but Friday's drop takes it down to levels not seen since early October. While the stock may recover from here, I think it is more likely to continue weakening and I don't want to try to pick the bottom. ADBE is still very well positioned in its marketplace, so I expect it to return to glory when the market rebounds.

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