Adobe’s stock has gotten cheap, but some analysts say there’s good reason for that.
The company, which sells Photoshop and Illustrator, has long had a chokehold on the market for creative software. And while Adobe
ADBE still dominates the market, there’s concern about heightened competition, both from the likes of upstart rivals like Canva and new artificial-intelligence tools that let users easily generate images from text prompts.
Adobe’s stock is at a multiyear low, but the pummeling may not be done yet
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Adobe’s stock has gotten cheap, but some analysts say there’s good reason for that.
The company, which sells Photoshop and Illustrator, has long had a chokehold on the market for creative software. And while Adobe
ADBE still dominates the market, there’s concern about heightened competition, both from the likes of upstart rivals like Canva and new artificial-intelligence tools that let users easily generate images from text prompts.
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