On this video, I’ll go over Adobe‘s (NASDAQ: ADBE) first-quarter earnings report and particular feedback made throughout the earnings name, and I will clarify why the inventory is down.
*Inventory costs used have been from the buying and selling day of March 14, 2024. The video was revealed on March 14, 2024.
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Neil Rozenbaum has no place in any of the shares talked about. The Motley Idiot has positions in and recommends Adobe. The Motley Idiot has a disclosure coverage. Neil is an affiliate of The Motley Idiot and could also be compensated for selling its companies. In case you select to subscribe by his hyperlink, he’ll earn some extra cash that helps his channel. His opinions stay his personal and are unaffected by The Motley Idiot.
Why Did Adobe Inventory Crash After Earnings? was initially revealed by The Motley Idiot