Adobe's Growth Plans Just Took a Big Hit

Adobe's (ADBE -1.42%) $20 billion acquisition of Figma is off, and it's a big blow to the creative technology company.In this video, Travis Hoium goes over the breakup and covers why it's such a big deal for Adobe. Not only is it a strategic challenge, it should make investors think twice about the company's valuation.*Stock prices used were end-of-day prices of Dec. 19, 2023. The video was published on Dec. 19, 2023. ...