Adobe (ADBE) stock wavered Friday even though the digital media and marketing software firm beat fiscal third-quarter estimates. Investors groused about the company's mixed fiscal Q4 outlook and are cautious ahead of a new chief executive taking the helm. Late Thursday, the San Jose, Calif.-based company said it earned an adjusted $6.13 a share, up 15% year over year, on…
Adobe Stock In Penalty Box As Investors Await New CEO's Strategy
Adobe stock wavered after the digital media and marketing software firm beat fiscal Q3 estimates but disappointed with its outlook.
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