I opened $Adobe(ADBE)$ ,Massiv

I opened $Adobe(ADBE)$ ,Massive plunge by Adobe today after earnings. Best on earnings and revenue but plunged after revenue guidance was lower than expected. Smart move by the company. They are starting a new stock buyback program. By guiding lower, they can temporarily push stock price lower so they can buy back at a cheaper price. This dip is a great buying opportunity in my eyes.

ADBE

03-15 21:30

USAdobe

Side	Price	Realized P&L
Buy Open	494.81	+1.95% Holding

Adobe

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Comments

Sonsonkok
03-17
Sonsonkok
Great article, would you like to share it?
KSR
03-16
KSR
👍
assassinyj
03-16
assassinyj
Ok
Tom Chow
03-16
Tom Chow
good

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