Down Over 13% in a Single Day, Is This Megacap Growth Stock Worth Buying in December?

Many tech stocks had epic runs in 2023 and have sustained the momentum this year. But not Adobe (ADBE -0.89%).The software-as-a-service (SaaS) giant is down 22% year to date at the time of this writing and tumbled 13.7% on Thursday in response to its fourth-quarter fiscal 2024 results and fiscal year 2025 guidance.Here's what's driving the sustained sell-off in the growth stock and if it is worth buying in December. A primer on AdobeAdobe was a SaaS pioneer, launching its subscription service in 2012. Today ...