Adobe Reports Robust Q3, Raises Guidance — Stock Falls Anyway
Adobe shares continue to fall Friday despite reporting better-than-expected Q3 financial results on Thursday after the market closed.
Adobe did really well last quarter and promised even better ahead, but people sold the stock anyway. This can happen when good news is already baked into the price, so watch if the company keeps delivering on those promises.
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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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