Adobe Stock Falls Despite Strong Earnings Boost

Adobe Inc.’s stock price dropped 5.3% after the company reported stronger-than-expected earnings, marking its seventh decline in eight quarters. This is despite a revenue outlook boost that Wall Street had been anticipating. The software company’s shares have fallen four times in the past three quarters and now face another challenge in regaining investor confidence.

Source: https://www.marketwatch.com/story/adobe-just-cant-make-investors-happy-even-after-its-strong-earnings-722df5bb