Shares Of Adobe Inc. (ADBE) Exceed 52-Week High

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga.

Adobe Inc. ADBE traded today at a new 52-week high of $652.00. This new high was reached on below-average trading volume as 406,000 shares traded hands, while the average 30-day volume is approximately 1.4 million shares.

Adobe Inc. ADBE is currently priced 9.2% above its average consensus analyst price target of $589.15.

Adobe Inc. share prices have moved between a 52-week high of $652.00 and a 52-week low of $420.78 and are now trading 54% above that low price at $648.71 per share.

Adobe provides content creation, document management, and digital marketing and advertising software and services to creative professionals and marketers for creating, managing, delivering, measuring, optimizing, and engaging with compelling content multiple operating systems, devices, and media. The company operates with three segments: digital media content creation, digital experience for marketing solutions, and publishing for legacy products (less than 5% of revenue).

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The preceding post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Although the piece is not and should not be construed as editorial content, the sponsored content team works to ensure that any and all information contained within is true and accurate to the best of their knowledge and research. This content is for informational purposes only and not intended to be investing advice.