Adobe's Sustenance Shouldn't Cause Investors to Flip Their Grip

NEW YORK (TheStreet) — Leading up to Adobe's third-quarter earnings results, I wasn't entirely convinced that management could sustain the company's incredible run, which included a 38% year-to-date surge in the stock. Although Adobe had made meaningful progress converting its business from a boxed software company to a cloud subscription model, the Street sentiment — I believe — was getting …

This entry was posted in Blog, Software and tagged , . Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *