Adobe Stock Climbs Post-IBM Warning, ServiceNow Boost
Adobe shares are surging Monday as software stocks rebound from last week's IBM scare, boosted by analysis from a top Wall Street economist.
Adobe's stock price went up today because people got less worried about software companies after scary IBM news last week. When big groups of similar stocks move together, watch if the worry feeling keeps fading or comes back—that tells you how confident people are.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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