HomeTechSoftwareAdobe (ADBE) Plans To Acquire Figma In $20B Deal

Adobe (ADBE) Plans To Acquire Figma In $20B Deal

Adobe (ADBE) earnings released today, September 15th. Alex Coffey and Jenny Horne discuss ADBE as it is seeing healthy growth numbers, but its earnings were not impressive. They note ADBE's digital media business revenue is up 14%. They talk about how ADBE down 46% on the year. They also go over how ADBE plans to acquire Figma in a $20B deal where they see a massive market opportunity. They then demonstrate an example trade using ADBE. Tune in to find out more about the stock market today.

Next Gen Investing

15 Sep 2022

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