USSTOCK.TODAY
Market Closed
Log in Sign up

Adobe names Chakravarty as next president and CEO

Reuters +1 ·

ADBE Adobe Inc
$285.75 +2.13%
View chart & analysis →
  1. 1Adobe (ADBE) has appointed Chakravarty as its next president and CEO
  2. 2Narayen steps down after 18 years, transitioning to executive chairman of the board effective December 1
  3. 3Shares fell 25% in 2024 and 21% in 2025 on AI concerns, and dropped about 2% in after-hours trading

This 3-line summary is compiled from the report below.

Reuters +1 View original ↗

Related 3-line summaries

Adobe Names Chakravarty CEO; Narayen to Executive Chair Barrons.com +5 · 3h agoLululemon Falls Up to 20% After Hours on Lowered Sales, Profit Outlook Yahoo Finance +1 · 51m agoChina's CXMT Expands Global DRAM Share from 4% to 10% Stocktwits +1 · 1h ago
Today's 5 AI picks, all free
Nothing hidden: past picks and how they did against the S&P 500.
See today's picks →
← Back to news