|Bid||278.75 x 1300|
|Ask||278.28 x 1300|
|Day's range||275.03 - 279.59|
|52-week range||274.73 - 699.54|
|Beta (5Y monthly)||1.13|
|PE ratio (TTM)||28.19|
|Earnings date||15 Dec 2022|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||24 Mar 2005|
|1y target est||379.60|
(Bloomberg) -- Adobe Inc. plans to add technology from its creative software portfolio to Figma without tweaking pricing or simplicity after its acquisition, seeking to ease concerns among loyal users that the deal may significantly change the design app. Most Read from BloombergMacKenzie Scott Files for Divorce From Science Teacher HusbandMeta to Cut Headcount for First Time, Slash Budgets Across TeamsStocks Plummet to 22-Month Low as Fed Hawks Circle: Markets WrapTop Apple Executive Is Leaving
With its stock down 27% over the past month, it is easy to disregard Adobe (NASDAQ:ADBE). But if you pay close...
The Nasdaq Composite index has fallen into a bear market, declining 31% year to date, taking the share prices and valuations of growth stocks to levels not seen in a while. The highest inflation in the U.S. in four decades combined with sharp hikes in the federal funds rate by the Federal Reserve has caused this swoon. There's no better time to buy strong, well-run companies than a bear market, but the caveat is that you must be prepared to hold them over the long term.