FinanceThe Motley Foolabout 8 hours ago
Why Adobe Stock Fell Today
1 min read
Adobe shares fell 6.56% on Friday after CFO Dan Durn left for Marvell Technology, adding to leadership concerns. Revenue rose 13% to $6.62 billion with AI-driven ARR tripling to over $500 million. Adjusted EPS jumped nearly 18% to $5.96, but executive departures spooked investors.
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