Levi & Korsinsky notifies investors that it has commenced an investigation into Adobe Inc. (NASDAQ: ADBE) concerning potential violations of the federal securities laws.
Adobe issued a press release on September 12, 2024, reporting financial results for the third quarter of its fiscal year 2024. Although Adobe reported net new annual recurring revenue of $44 million, exceeding guidance, its fourth quarter outlook fell short of consensus estimates by approximately $21 million. Following this news, Adobe's stock price fell over 8% on September 13, 2024.
If you suffered a loss on your Adobe Inc. securities and would like to explore a potential recovery under the federal securities laws, submit to us or contact Joseph E. Levi, Esq. via email at [email protected] or call 212-363-7500 to speak to our team of experienced shareholder advocates.
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