Mobile devices make Thanksgiving the third largest online shopping day of the year [MarketWatch]
Adobe Inc. (ADBE)
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Source: MarketWatch
Mobile devices make Thanksgiving the third largest online shopping day of the year Thanksgiving day was the third largest online shopping day of 2018 with $3.68 billion in sales tallied, according to data compiled by Adobe Inc. ADBE, -0.60% and eMarketer. Cyber Monday was the number one online shopping day with $7.87 billion, and Black Friday was number two with $6.22 billion. EMarketer attributes the surge to mobile devices. Midway through the season, Adobe data showed that mobile shopping would hit a " landmark ," with shoppers using their always-present devices to shop during their free time. The data shows that smartphones accounted for 51% of holiday digital shopping visits, and 31% of e-commerce sales. The SPDR S&P Retail ETF XRT, -0.98% is down 7.8% for the past three months, the Amplify Online Retail ETF IBUY, -1.29% has gained 3.4% for the period, and the S&P 500 index SPX, -0.17% has slipped 0.8% in the last three months. Have breaking news sent to your inbox. S
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ADBE
Earnings
- 3/14/24 - Beat
ADBE
Sec Filings
- 4/23/24 - Form 4
- 4/19/24 - Form 4
- 4/19/24 - Form 4
- ADBE's page on the SEC website