Adobe Sees AI Traction, but Is It Enough to Get the Stock Moving Higher?

  • In what has been a common theme over the past couple of years, Adobe (ADBE 2.41%) reported solid quarterly results, but the stock sold off with investors seemingly left wanting more from the maker of Photoshop and Acrobat. The stock is now down more than 10% on the year and has been running in place over the past five years.