Adobe Systems (ADBE) Stock Sinks As Market Gains: What You Should Know
In the latest trading session, Adobe Systems (ADBE) closed at $495.77, marking a -0.03% move from the previous day. This move lagged the S&P 500’s daily gain of 0.15%.
Heading into today, shares of the software maker had gained 1.06% over the past month, outpacing the Computer and Technology sector’s loss of 0.49% and the S&P 500’s gain of 0.58% in that time.
ADBE will be looking to display strength as it nears its next earnings release. The company is expected to report EPS of $2.81, up 14.69%…