3 weeks ago

Worst may be over for beaten-down Adobe shares

Worst may be over for beaten-down Adobe shares
The worst may be over for beaten-down Adobe shares · CNBC TV 18

Adobe is a big company that makes software.

A long time ago, its stock was worth a lot of money.

But from February 2024 to June 2026, the stock lost more than 70 percent of its value.

Even this year, the stock has gone down by 26 percent.

Out of all the big companies in the S&P 500, Adobe is doing almost the worst.

Only about 29 companies are doing worse than Adobe this year.

That means more than 470 other companies have done better.

Many people who bought the stock lost money.

But the article says the worst part might now be over.

It hopes the stock will do better in the future.

Key facts

Company
Adobe (ticker: ADBE)
Total decline
More than 70% from February 2024 high to June 2026 low
Year-to-date decline
26%
S&P 500 ranking
30th worst-performing member year to date
Stocks outperforming ADBE
More than 470 S&P 500 constituents

Sources

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