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Benzinga
Benzinga
Business
Avi Kapoor

Why Adobe Shares Are Trading Higher By Over 4%; Here Are 20 Stocks Moving Premarket

Display,Of,Stock,Market,Quotes

Shares of Adobe Inc. (NASDAQ:ADBE) rose sharply in pre-market trading after the company posted better-than-expected third-quarter results and raised its fiscal 2025 outlook after Thursday's closing bell.

Adobe reported quarterly earnings of $5.31 per share, which beat the analyst estimate of $5.18. Quarterly revenue came in at $5.99 billion, which beat the Street estimate of $5.91 billion, according to data from Benzinga Pro.

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