Adobe stock price: ADBE heads into Presidents Day week with AI fears still biting
Adobe shares rose 0.6% to $263.97 Friday, closing about 5% above Thursday’s 52-week low. The stock is down 25% year-to-date, trailing its $465.70 high from last February. The S&P 500 Software & Services index has lost $2 trillion since October, with half the drop in the past two weeks. Adobe’s next earnings report is due March 12.