Adobe stock down approximately 64% from record high
ADBE Adobe Inc
$237.32 -0.83%
View chart & analysis → - 1Adobe stock reached a closing price of 688.37 dollars on November 19, 2021.
- 2Adobe stock hit a closing low of 193.41 dollars on June 25, representing a 72% drop from its high.
- 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 ↗
Nothing hidden: past picks and how they did against the S&P 500.