Adobe Systems IncNASDAQ
Historical Stock Data
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Adobe Contributed to the NASDAQ's Third Straight Fall on Tuesday
Adobe’s (ADBE) stock rallied recently after reporting another stellar quarter. The stock reached its all-time high of $304.0 on June 17. However, the stock fell by over 4% on Tuesday as investors booked profit. The stock is up 30% year-to-date.
Adobe Stock Fell 4.0% on June 25
Leading digital marketing and media solutions company Adobe (ADBE) fell 4.0% on June 25, 2019, to close trading at $287.97. Adobe stock has gained 6.3% since the start of June, and the stock is now up 27.3% year-to-date. Adobe has been a solid wealth creator for investors over the years.
Adobe Stock Rose in After-Hours Trading despite Cautious Guidance
Adobe (ADBE) announced its fiscal 2019 second-quarter earnings results on June 18, 2019. It reported revenue of $2.74 billion and adjusted EPS of $1.83. Analysts had expected the company to post revenue of $2.7 billion and EPS of $1.78 in the quarter.