Adobe Stock Pops 15% As Customers Pay Up For Generative AI Services
The Adobe logos are being displayed on a smartphone screen and on a computer screen in Athens, ... [+] Greece, on May 22, 2024. (Photo by Nikolas Kokovlis/NurPhoto via Getty Images)NurPhoto via Getty Images Since peaking at $663 in November 2021, Adobe’s stock market value has fallen 21%. As an investor in the San Jose, Calif.-based software company, this lost value is not pleasant.Ups and downs are likely for most stocks. If a company beats investor expectations and raises guidance, the stock rises. Otherw ...