Adobe shares are trading lower. The stock may be down in sympathy with Oracle, which fell on Q1 earnings.
Portfolio Pulse from Bill Haddad
Adobe shares are trading lower, potentially in sympathy with Oracle, which fell on Q1 earnings.
September 12, 2023 | 7:28 pm
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Adobe's stock is trading lower, potentially due to Oracle's Q1 earnings fall.
Adobe's stock is trading lower, which may be a reaction to Oracle's Q1 earnings fall. As both companies operate in the tech sector, negative news from one can impact the other's stock price.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100