Adobe Inc.
(NASDAQ:ADBE) shares are advancing Monday as software stocks find their footing following last week's IBM scare and a pointed piece of analysis from one of Wall Street's most followed economists giving the group fresh reasons to recover.
Adobe stock is showing exceptional strength.
What's driving ADBE stock higher?
IBM's Profit Warning Gets Reframed as a Timing Issue Not a Demand Problem The narrative around International Business Machines Corp's (NSYE: IBM) second quarter stumble has shifted over the past several days in a way that is helping the broader software complex breathe easier.
