Adobe shares drop 13% as concerns about AI growth overshadow better-than-expected results
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Adobe shares fell 13% despite surpassing Wall Street's earnings estimates and maintaining guidance, as concerns about AI growth overshadowed the positive results.
March 13, 2025 | 4:00 pm
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Adobe's stock dropped 13% after its earnings report, which exceeded Wall Street's expectations. Despite maintaining guidance, concerns about AI growth overshadowed the positive results.
The significant drop in Adobe's stock price is attributed to investor concerns about AI growth, which overshadowed the company's better-than-expected earnings and maintained guidance. This indicates a negative short-term impact on the stock.
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