Adobe results, outlook top Street views as ‘mission critical’ software tops spending priorities

Adobe Inc. shares rallied in the extended session Wednesday after the software company topped Wall Street expectations for the quarter and hiked its outlook, while anticipating its acquisition of interactive-design platform Figma will close by the end of the year.

Adobe ADBE shares rose 5% after hours, following a less than 0.1% gain to close the regular session at $333.61.

The…

Source: https://www.marketwatch.com/story/adobe-stock-rallies-5-as-results-outlook-top-street-views-d6246e5a?siteid=yhoof2&yptr=yahoo