Adobe stock snaps seven-day slide as Acrobat Studio rolls out AI podcasts and pitch decks
Adobe shares rose 1.33% to $294.23 Wednesday, snapping a seven-day losing streak as trading volume topped 5.6 million shares. After the close, Adobe announced new generative AI features for Acrobat, including podcast-style summaries and chat-based PDF editing. The stock remains nearly 37% below its 52-week high. Adobe’s next earnings call is set for March 12.