Shares of Adobe jumped 2.65% to $468.59 at 14:49 EST on Wednesday, after three sequential sessions in a row of losses. NASDAQ Composite is rising 1.95% to $13,455.05, following last session’s upward trend, This seems, up until now, an all-around positive trend trading session today.
Adobe’s last close was $456.50, 14.57% under its 52-week high of $536.88.
News about Adobe today
Unbxd joins Adobe exchange partner program to automate site search and relevance setup for Adobe customers. According to today’s article on Business Insider, "He adds, "our collaboration with Adobe allows us to take that vision to SIs, agency partners, and online retailers – all at once. ", "Unbxd Inc., a leading provider of AI-based Commerce Search and Product Discovery solutions, today announced it has joined the Adobe Exchange Partner Program as an Accelerate partner. "
Adobe’s sales growth is 21.6% for the present quarter and 17.2% for the next. The company’s growth estimates for the current quarter and the next is 22.5% and 10.2%, respectively.
Year-on-year quarterly revenue growth grew by 14.4%, now sitting on 12.87B for the twelve trailing months.
Adobe’s last day, last week, and last month’s average volatility was a negative 0.35%, a negative 0.77%, and a negative 0.34%, respectively.
Adobe’s last day, last week, and last month’s high and low average amplitude percentage was 1.82%, 2.14%, and 2.02%, respectively.
Adobe’s Stock Yearly Top and Bottom Value
Adobe’s stock is valued at $468.59 at 14:49 EST, way under its 52-week high of $536.88 and way above its 52-week low of $255.13.
Adobe’s Moving Average
Adobe’s worth is under its 50-day moving average of $485.03 and below its 200-day moving average of $474.48.