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Adobe (ADBE) stock is poised for its worst one-day pullback in more than a year, after weak guidance from the maker of Photoshop and Acrobat rattled investors. Adobe shares stood 13% lower in ...
At the time of writing, the Dow Jones Industrial Average was down 0.2%, and the Nasdaq Composite was also 0.2% lower. The S&P 500 also shed 0.2% on Thursday. The producer prices index in the US ...
U.S. stocks traded mostly lower this morning, with the Dow Jones index dipping more than 200 points on Friday. Following the market opening Friday, the Dow traded down 0.60% to 38,415.98 while the ...
Adobe's stock is down 9.8% in Friday action to pace S&P 500 laggards, after the software company came up short with its quarterly outlook an afternoon earlier. Still, many analysts were upbeat ...
Adobe now expects $18 to $18.20 in adjusted per-share earnings on the year, compared with its previous guidance for $17.60 to $18 a share. The company also raised the bottom end of its full-year ...