Why Adobe Stock Crashed 12% After Earnings
Portfolio Pulse from
Adobe's stock fell 12.4% despite surpassing earnings expectations in its fiscal Q4 2024 report.
December 12, 2024 | 5:00 pm
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Adobe's stock dropped 12.4% after its fiscal Q4 2024 earnings report, even though it exceeded earnings expectations.
Adobe's stock price decline suggests that investors may have concerns beyond the earnings beat, possibly related to future guidance or market conditions.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100