Here’s Why Adobe Fell 17% On Figma Acquisition And Third Qua…

(MENAFN- ValueWalk)

Discusses the transaction details, highlights Q3 results with some commentary from the street

Software giant Adobe Inc (NASDAQ:ADBE ) was the talking point of U.S. equity markets on Thursday after announcing a huge $20 billion dollar acquisition of web-based collaboration design platform known as Figma. The transaction was announced simultaneously with the group’s third quarter results.

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Q2 2022 hedge fund letters, conferences and more

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