Chart of the Day: Adobe
Portfolio Pulse from
Adobe's stock has fallen due to disappointing guidance. Despite this, investor Jim Lebenthal is holding onto his shares and discusses his reasons for doing so.
December 12, 2024 | 6:45 pm
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NEGATIVE IMPACT
Adobe's stock price has declined following disappointing guidance. Despite the negative outlook, investor Jim Lebenthal remains confident in holding his shares.
The news highlights a decline in Adobe's stock price due to disappointing guidance, which is a direct negative impact on the stock. However, the fact that a notable investor is not selling may provide some support, but the immediate reaction is likely negative.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100