Adobe Pulls Back, Then Recovers as CEO Handoff Meets Soft Q4 Outlook; Intuit and ServiceNow Hold Steady

Adobe shares fell as much as 3% to $241.52 in early Friday trading following its earnings reaction, before recovering to roughly $248 and ending the session nearly unchanged. The initially negative response contrasted with broader strength among large-cap technology stocks, signaling company-specific investor caution rather than a sector-wide selloff.