Adobe Systems IncorporatedADBE
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CFO departure, weak forecast, and stock unable to lift after losing CEO

Jim Cramer said Adobe's recently reported quarter was disappointing, noting the CFO's departure, a weak forecast, and a stock that cannot lift, coming on the heels of the company losing its CEO. Speaking on Mad Money, Cramer had previously cautioned that Adobe's stock was not low enough to own even after its thrashing, as the software-as-a-service cohort shrinks and cheaper competing design software emerges.
Adobe Systems IncorporatedCFO departure, weak forecast, and stock unable to lift after losing CEO
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