In this video, I will go over Adobe's (ADBE -1.29%) second-quarter earnings report and explain why the stock is up 15%.
*Stock prices used were from the trading day of June 13, 2024. The video was published on June 13, 2024.
Free Article
You're reading a free article with opinions that may differ from The Motley Fool's Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More
Why Are Shares of Adobe Stock Soaring After Earnings?
By Neil Rozenbaum
–
Jun 14, 2024 at 5:00AM
NASDAQ: ADBE
Adobe
Market Cap
$161B
Today's Change
(-1.29%) -$4.92
Current Price
$377.76
Price as of June 18, 2025, 3:58 p.m. ET
Adobe proved the doubters wrong.
Neil Rozenbaum has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Adobe. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
Stocks Mentioned
Adobe
ADBE
$377.76
(-1.29%)
$-4.92
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
Related Articles
Adobe: A 6.1 Score in a Competitive Landscape
Adobe Sees AI Traction, but Is It Enough to Get the Stock Moving Higher?
Adobe Reports AI-Fueled Earnings Beat
3 Tech Stocks You Can Buy and Hold for the Next Decade
Is This Dependable Growth Stock a Buy Right Now?
Premium Investing Services
Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.