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Adobe stock down approximately 64% from record high

The Motley Fool +1 · ·by G4L

ADBE Adobe Inc
$237.32 -0.83%
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  1. 1Adobe stock reached a closing price of 688.37 dollars on November 19, 2021.
  2. 2Adobe stock hit a closing low of 193.41 dollars on June 25, representing a 72% drop from its high.
  3. 3Adobe's AI-first annual recurring revenue (ARR) exceeded 650,000,000 dollars.

So what's the key point?

Adobe stock has fallen significantly from its highest point. AI-related revenue has surpassed 650,000,000 dollars.

Source The Motley Fool +1 · View original ↗

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