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Adobe Sinks 7% as Internal CEO Pick Lands Ahead of Earnings, Workday Falls 4%

Source: 247wallst.com

Corporate EarningsInvestor Sentiment & PositioningCompany Fundamentals
Adobe Sinks 7% as Internal CEO Pick Lands Ahead of Earnings, Workday Falls 4%

Adobe shares slid in Friday trading as an internal CEO pick reportedly landed days before the company’s earnings report, adding caution ahead of results. Meanwhile, the Invesco QQQ Trust (QQQ) was up just 0.01% to $717.78, indicating limited broader tech movement.

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Market Sentiment

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mildly negative

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-0.15

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ADBE-0.35
QQQ0.00

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