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ADBE Aug 2024 495.000 put
| Previous close | 8.81 |
| Open | 10.38 |
| Bid | 9.95 |
| Ask | 10.50 |
| Strike | 495.00 |
| Expiry date | 2024-08-16 |
| Day's range | 10.38 - 13.52 |
| Contract range | N/A |
| Volume | |
| Open interest | 51 |
BloombergAdobe Sued by US Regulators Over Subscription Cancellations
(Bloomberg) -- The US Federal Trade Commission sued Adobe Inc., alleging the software company violated consumer protection laws by making it too difficult for consumers to cancel their subscriptions.Most Read from BloombergFlesh-Eating Bacteria That Can Kill in Two Days Spreads in JapanHow the US Mopped Up a Third of Global Capital Flows Since CovidThese Are the World’s Most Expensive Cities for Expats in 2024Hedge Funds’ Secret Weapon to Fight the SEC Lives in TexasS&P 500 Set for Fresh Highs A
Barrons.comThese Stocks Are Moving the Most Today: Autodesk, Broadcom, Microsoft, Best Buy, AMC Networks, GameStop, and More
Autodesk says it will ‘carefully review’ a letter from activist Starboard Value that pushed for changes at the software company, Broadcom is on pace for a record high, and analysts at Wedbush raise their price target on Microsoft.
ReutersUS sues Photoshop maker Adobe for hiding fees, making it hard to cancel
(Reuters) -The U.S. government sued Adobe on Monday, accusing the Photoshop and Acrobat maker of harming consumers by concealing hefty termination fees in its most popular subscription plan, and making it difficult to cancel subscriptions. In a complaint filed in the San Jose, California, federal court, the Federal Trade Commission said Adobe buries the fees, which sometimes reach hundreds of dollars, and other important terms in its "annual paid monthly" subscription plan in the fine print, or behind textboxes and hyperlinks. According to the complaint, Adobe calculates early termination fees as 50% of the remaining payments when consumers cancel in their first year.
