3 Reasons Why Adobe Stock Could Continue to Fall, and 2 Reasons It's Still Worth Buying Now
Adobe(ADBE) The Motley Fool·2024-09-17 17:35
Adobe stands out as a great way to invest in generative AI as it relates to the creative space.Share prices of Adobe (ADBE -2.86%) sold off after the company reported its fiscal 2024 third-quarter results on Sept. 12 and management offered weak guidance for the rest of the year. The stock now trades down by more than 10% year to date compared to an over 14% gain in the tech sector and a 17.8% gain for the Nasdaq Composite.Yet despite some notable challenges that could weigh down the growth stock in the near ...