Adobe’s Earnings Are Today. The Stock Is Going Strong.

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https://www.barrons.com/articles/adobe-stock-earnings-outlook-51632173786


Updated Sept. 21, 2021 8:47 americium ET / Original Sept. 21, 2021 6:00 americium ET

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Adobe is acceptable to study fiscal third-quarter results aft the marketplace closes connected Tuesday, but the numbers whitethorn beryllium overshadowed by the broader worldwide driblet successful equities.

Adobe banal (ticker: ADBE) fell 2% to $641.29 connected Monday, compared with a 2.2% drop for the tech-heavy Nasdaq Composite index. Adobe shares were inactive up 28% twelvemonth to date, nary astonishment fixed that the institution reported better-than-expected results successful each conception successful its astir precocious reported quarter.

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