Adobe Drops 10% in a Month: Buy, Sell or Hold ADBE Stock?
Key Takeaways Adobe shares fell 10.4% in a month, underperforming peers in the tech sector. AI-driven ARR surpassed 250M milestone. Adobe lifted FY25 revenue and earnings guidance, citing strong demand for AI offerings. Adobe’s (ADBE) shares have declined 10.4% in the past month, underperforming the Zacks Computer and Technology sector’s return of 1.3% and the Zacks Computer – Software industry’s appreciation of 0.1%. The underperformance reflects modest growth pr ...