Adobe Sees AI Traction, but Is It Enough to Get the Stock Moving Higher?
In what has been a common theme over the past couple of years, Adobe (NASDAQ: ADBE) reported solid quarterly results, but the stock sold off with investors seemingly left wanting more from the maker of Photoshop and Acrobat. The stock is now down more than 10% on the year and has been running in place over the past five years.Let's take a close look at Adobe's results to see if there is anything that can get the stock moving in the right direction.Image source: Getty Images.Continue reading
In what has been a common theme over the past couple of years, Adobe (NASDAQ: ADBE) reported solid quarterly results, but the stock sold off with investors seemingly left wanting more from the maker of Photoshop and Acrobat. The stock is now down more than 10% on the year and has been running in place over the past five years.
Let's take a close look at Adobe's results to see if there is anything that can get the stock moving in the right direction.
Image source: Getty Images.
