Adobe Headed for Highest Close in Over 33 Years After 4Q Earnings Report -- Data Talk

Adobe Inc. (ADBE) is currently at $320.00, up $14.04 or 4.59%

-- Would be new all-time high (Based on available data back to Aug. 13, 1986)

-- On pace for largest percent increase since June 19, 2019, when it rose 5.21%

-- On Thursday, Adobe reported that its profit and revenue climbed in its fiscal fourth quarter, though its guidance for the first quarter was below analysts' consensus estimate

-- Earlier Friday, nine firms raised their price target on Adobe, Benzinga reported

-- Currently up two consecutive days; up 5.35% over this period

-- Best two day stretch since the two days ending June 20, 2019, when it rose 9.15%

-- Up 3.38% month-to-date

-- Up 41.44% year-to-date; on pace for best year since 2017, when it rose 70.22%

-- Up 39.13% from 52 weeks ago (Dec. 14, 2018), when it closed at $230.00

-- Would be a new 52 week closing high

-- Up 55.98% from its 52 week closing low of $205.16 on Dec. 24, 2018

-- Traded as high as $321.73; new all-time intraday high (Based on available data back to Aug. 13, 1986)

-- Up 5.15% at today's intraday high; largest intraday percent increase since Nov. 5, 2019, when it rose as much as 5.54%

-- Second best performer in the S&P 500 today

-- Best performer in the Nasdaq 100 today

All data as of 12:10:35 PM

Source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

December 13, 2019 12:34 ET (17:34 GMT)

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