Why Adobe Stock Is Falling After Record Q3 Earnings
Adobe reported record Q3 revenue of $6.76B and announced a CEO transition, but shares fell after net new ARR dropped 36% on a freemium acquisition pivot.
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Adobe Drops 6% on Record Q2 as CFO Exit, AI Fear Eclipse Beat
Adobe beat Q2 FY26 estimates, raised FY26 guidance, and disclosed CFO Dan Durn’s departure to Marvell — all in one press release. The stock fell 6%.