Adobe: The Perennial Performer, Not Anymore! ADBE Stock
Adobe (ADBE) closed out FY21 on a bit of a down note. Adobe has been posting big EPS beats, mostly in the double-digits since the pandemic began, benefitting from the pandemic which has caused more companies and consumers to shift to digital document creation. So when Adobe posted basically in-line results this morning for Q4 (Nov), investors were disappointed. Plus it guided below expectations for Q1 (Feb) and FY22.
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