Why Adobe Stock Soared 30.2% in the First Half of 2019 [The Motley Fool]
Adobe Inc. (ADBE)
Last adobe inc. earnings: 3/12 04:05 pm
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Source: The Motley Fool
Why Adobe Stock Soared 30.2% in the First Half of 2019 The creative software leader keeps setting new company records. Shares of Adobe Systems ( NASDAQ:ADBE ) climbed 30.2% in the first six months of 2019, according to data from S&P Global Market Intelligence , following a pair of record quarterly reports from the creative software specialist. To be fair, the broader markets also enjoyed broad-based gains in the process -- including a more than 17% rise from S&P 500 -- but Adobe shined brighter than most as consumers continued to flock to its growing base of recurring cloud-based subscription products. Adobe's rise so far this year has been gradual, even despite its record fiscal first-quarter 2019 report in mid-March that saw the company modestly increase its full-year earnings guidance. For that, CEO Shantanu Narayen described "continued momentum across Adobe Creative Cloud, Document Cloud, and Experience Cloud." Shantanu was more direct when Adobe repeated the feat with an even be
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News
- Adobe Inc. (ADBE) Is a Trending Stock: Facts to Know Before Betting on It [Yahoo! Finance]Yahoo! Finance
- Digital Asset Management Market To Reach USD 20.3 Billion By 2032, Says DataHorizzon Research [Yahoo! Finance]Yahoo! Finance
- New Adobe Photoshop with Advanced Generative Fill and Generate Image Brings New Superpowers to AllBusiness Wire
- Adobe Introduces Firefly Image 3 Foundation Model to Take Creative Exploration and Ideation to New HeightsBusiness Wire
- Adobe Charts the Future of Creativity and AI at MAX LondonBusiness Wire
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