Adobe just announced its next CEO. Here’s why its stock is dropping.
Reported by MarketWatch · marketwatch.com · September 3, 2026
Incoming CEO Anil Chakravarthy is a company veteran. But another longtime business head will be departing Adobe, potentially foreshadowing further turnover in leadership.
What the tape says
What to watch: Higher-for-longer rates compress duration assets: growth stocks, REITs, and long-duration bonds.
Market reaction today: $ADBE -6.73%
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