Adobe hits new all-time high as Wall Street loves its new A.I., cloud products

Adobe hits new all-time high as Wall Street loves its new A.I., cloud products

7 years ago
Anonymous $ZOEEBQ1zf0

https://www.cnbc.com/2017/10/19/adobe-hits-new-all-time-high-as-wall-street-loves-its-new-a-i-cloud-products.html

Adobe shares are surging as Wall Street is growing more bullish on the company's new product road map.

Its shares were up 10 percent shortly after Thursday's market open to a new all-time high, a day after Adobe held its analyst day in Las Vegas. The company gave strong earnings-per-share guidance for fiscal 2018 of $5.50 versus the $5.21 Thomson Reuters consensus at the session.