Adobe Stock Slides Amid Figma Acquisition Concerns and Market Volatility

By Jose Najarro – Updated Feb 25, 2023 at 11:20AM

NASDAQ: ADBE

Adobe

Market Cap

$209B

Today's Change

(0.40%) $1.87

Current Price

$466.89

Price as of April 22, 2024, 4:00 p.m. ET

Will Adobe's $20 billion acquisition of Figma be blocked?

Adobe's (ADBE 0.40%) stock price fell over 7% on Friday after reports appeared that regulators might block its acquisition of Figma in the upcoming month. Is that all there was to the price drop, or are investors worried after Autodesk (ADSK 0.29%) reported earnings and fell short of guidance? Check out the short video to learn more, consider subscribing, and click the special offer link below.

*Stock prices used were the after-market prices of Feb. 24, 2023. The video was published on Feb. 24, 2023.

Jose Najarro has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Adobe and Autodesk. The Motley Fool recommends the following options: long January 2024 $420 calls on Adobe and short January 2024 $430 calls on Adobe. The Motley Fool has a disclosure policy. Jose Najarro is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.