What's Going On With Adobe Stock?
Portfolio Pulse from Erica Kollmann
Adobe Inc. (NASDAQ:ADBE) shares are trading higher, continuing an upward momentum from the last five days. The company's shares have gained over 8% in the last five days and more than 30% over the last three months. Adobe is set to release its third-quarter financial reports on Sept. 14. The company is expected to report earnings of $3.97 per share and revenue of $4.854 billion for the quarter.
August 31, 2023 | 4:21 pm
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Adobe's stock is on an upward trend, with gains of over 8% in the last five days and more than 30% in the last three months. The upcoming Q3 financial reports could further influence the stock's performance.
The news directly pertains to Adobe's stock performance and upcoming Q3 financial reports. The positive momentum and anticipation of the financial reports are likely to have a positive impact on the stock in the short term.
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