LSE:DCC.L 6 January 2026

Why DCC stock hit a 52-week low today as Morgan Stanley turns cautious

DCC shares dropped 5.2% to a 52-week low of 4,190 pence Tuesday after Morgan Stanley downgraded the stock and cut its price target. The move follows a 2.6% slide Monday and a 15.8% decline over the past year. Investors await DCC’s Feb. 4 trading statement for a winter update. The FTSE 100 edged higher.

6 January 2026

LSE:DCC.L·Stock Market

Adobe Q1 Earnings Beat Estimates, CEO Shantanu Narayen to Step Down
March 12, 2026, 5:17 PM EDT. Adobe reported a strong Q1 earnings beat with adjusted EPS of $6.06 versus estimates of $5.88, and revenue of $6.4 billion topping the expected $6.28 billion. The company provided a Q2 outlook also above consensus. However, shares fell over 5% in after-hours trading amid concerns over AI disruption and intense competition, notably from low-end rivals like Canva. In a major leadership change, CEO Shantanu Narayen, who has led Adobe for 18 years, announced plans to step down after a successor is appointed. Narayen will remain as chair of the board. Frank Calderoni will lead a special committee for the CEO transition. Investors now look ahead to the upcoming Adobe Summit for potential growth catalysts.