Adobe Inc. is a Adobe provides content creation, document management, and digital marketing and advertising software and services to creative professionals and marketers for creating, managing, delivering.
Among the biggest risers on the S&P 500 on Wednesday March 31 was Adobe Inc. ($ADBE), popping some 2.13% to a price of $475.37 a share with some 3.14 million shares trading hands.
Starting the day trading at $469.70, Adobe Inc. reached an intraday high of $482.41 and hit intraday lows of $468.70. Shares gained $9.91 apiece by day’s end. Over the last 90 days, the stock’s average daily volume has been n/a of its 479.33 million share total float. Today’s action puts the stock’s 50-day SMA at $n/a and 200-day SMA at $n/a with a 52-week range of $289.71 to $536.89.
Adobe provides content creation, document management, and digital marketing and advertising software and services to creative professionals and marketers for creating, managing, delivering, measuring, optimizing and engaging with compelling content multiple operating systems, devices and media. The company operates with three segments: digital media content creation, digital experience for marketing solutions, and publishing for legacy products (less than 5% of revenue).
Adobe Inc. has its corporate headquarters located in San Jose, CA and employs 22,516 people. Its market cap has now risen to $227.86 billion after today’s trading, its P/E ratio is now n/a, its P/S n/a, P/B 16.82, and P/FCF n/a.