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Tag: ADBE STOCK PRICE

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Is Adobe Inc. (ADBE) stock a better pick right now?

Promotions for creative software developers Adobe Inc. (NASDAQ: ADBE) is presently selling at a discount of more than 45% to its all-time high. The company’s stock prices react to the market’s overall position, as well as interest rate increases. The US Federal Reserve hikes interest rates to combat inflation, which has a negative impact on the stock market in general and Adobe’s security in particular. The company’s current share price to free cash flow ratio is 28, which is rather low for ADBE. ADBE is facing financial difficulties. Following a period of rapid expansion during the epidemic, revenue growth began