Jim Cramer calls Adobe's quarter disappointing after CFO departure and weak forecast

Earnings
โดย Insider Monkey·Read original
Summary · why it matters

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.

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