ADBE’s Surge Validates Post-Earnings Call-Buying
Adobe Systems, Inc. (ADBE) surged as high as 17% today after news leaked about a private meeting between ADBE and Microsoft (MSFT) company executives. The most salient rumor surrounding this meeting is that MSFT is considering acquiring ADBE in addition to other strategic options for going after Apple’s (AAPL) dominance in the mobile device market. … Read more