Adobe Is Buying Semrush. Is It Too Late to Buy SEMR Stock?

Semrush (SEMR) stock exploded roughly 75% higher on Nov. 19 after Adobe (ADBE) announced a $1.9 billion all-cash agreement to acquire the search engine marketing platform. Adobe believes this transaction that values each SEMR share at $12 will materially boost its digital marketing capabilities, particularly in artificial intelligence (AI)-driven brand visibility. More News from Barchart Despite a massive surge this morning, Semrush shares remain down over 35% versus their year-to-date high in February. ...