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Adobe to buy Figma for $20 bn; leads to drop in $30 bn market value of Photoshop maker

Adobe Chief Executive Shantanu Narayen hailed Figma's business as "the future of work" and said there were "tremendous opportunities" in combining it with his company's offerings, such as document reader Acrobat and online whiteboard Figjam.
Shantanu Narayen David Wagner Adobe Inc Video Communications To Airbnb Inc Chief Executive Shantanu Narayen Aptus Capital Advisors

Verity Asset Management Inc. Takes $45,000 Position in Adobe Inc. (NASDAQ:ADBE)

Verity Asset Management Inc. bought a new stake in shares of Adobe Inc. (NASDAQ:ADBE – Get Rating) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 32,903 shares of the software company’s stock, valued at approximately $45,000. A number of other large investors […]
United States Marks Garfield Scott Belsky Piper Sandler Vident Investment Advisory Securities Exchange Commission

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Connors Investor Services Inc. Sells 393 Shares of Adobe Inc. (NASDAQ:ADBE)

Connors Investor Services Inc. lessened its holdings in Adobe Inc. (NASDAQ:ADBE – Get Rating) by 1.4% in the first quarter, Holdings Channel reports. The firm owned 27,035 shares of the software company’s stock after selling 393 shares during the period. Connors Investor Services Inc.’s holdings in Adobe were worth $12,318,000 as of its most recent […]
Marks Garfield Scott Belsky Vident Investment Advisory Adobe Inc Connors Investor Services Inc Adobe Company Profile

Adobe Inc. (NASDAQ:ADBE) Stake Boosted by MUFG Securities EMEA plc

MUFG Securities EMEA plc increased its stake in Adobe Inc. (NASDAQ:ADBE – Get Rating) by 27.9% during the first quarter, HoldingsChannel reports. The firm owned 4,563 shares of the software company’s stock after acquiring an additional 996 shares during the period. MUFG Securities EMEA plc’s holdings in Adobe were worth $2,079,000 at the end of […]
Marks Garfield Scott Belsky Robertw Baird Credit Suisse Group Creative Financial Designs Inc Adobe Inc

Eudaimonia Partners LLC Purchases New Position in Adobe Inc. (NASDAQ:ADBE)

Eudaimonia Partners LLC purchased a new stake in Adobe Inc. (NASDAQ:ADBE – Get Rating) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 7,292 shares of the software company’s stock, valued at approximately $3,322,000. Other institutional investors and hedge funds have also recently modified […]
United States Marks Garfield Ann Lewnes Morgan Stanley Vident Investment Advisory Securities Exchange Commission

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