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Stock impact report

These Top Software Stocks Try To Find Support Amid Technology Sell-Off [Investor's Business Daily]

Adobe Inc. (ADBE) 
Last adobe inc. earnings: 3/12 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: adobe.com/investor-relations.html
Related news Adobe Systems ( ADBE ), ServiceNow ( NOW ), Salesforce.com ( CRM ) gained on Thursday as some top software stocks found support at their 200-day moving average, aiming to claw back from a broad sell-off in technology stocks. Adobe stock gained 0.3% to 238.59 on the stock market today . ServiceNow rose 1.6% to 174.97. Salesforce.com added 1% to 139.24. Workday ( WDAY ) stock edged up 0.4% to 124.75. While the FANG stocks — Facebook ( FB ), Amazon.com ( AMZN ), Netflix ( NFLX ) and Google ( GOOGL ) — have weakened since the summer, software makers have been hammered amid the October sell-off in technology stocks. IBD's Computer-Software Enterprise industry group has dived nearly 18% since Sept. 14 as of Wednesday's market close. Software companies had been among the stock market's top gainers in 2018. Morgan Stanley, in a report published on Thursday, says software stocks could be volatile when companies report September-quarter earnings. Billings, a sales growth metric, a Show less Read more
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