Why Adobe's Stock Is Trading Lower Today

Adobe ADBE shares are trading lower after the company announced Q3 earnings results and issued Q4 guidance.

Adobe's stock has been falling Wednesday, down 3.46% to a price of $623.55. The stock's volume is currently 4.37 million, which is roughly 273.21% of its recent 30-day volume average of 1.60 million.

The stock's 50-day moving average was $637.51 at the time this article was published. Over the past fifty-two weeks, the price has risen as high as $673.88 and fallen to a low of $420.78.

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