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When this deal was originally announced, Adobe's stock took a ~10% hit. Now that the deal is getting blocked, their stock is again taking a hit? I certainly can
by tompic823 4y ago
When this deal was originally announced, Adobe's stock took a ~10% hit. Now that the deal is getting blocked, their stock is again taking a hit? I certainly can't claim to understand the public markets.
- Zetobal 4y agoThe first hit was from investors that didn't like the deal... the second is from investors that liked it. That the former won't come back makes sense and so does the market. Well at least in this case.
- patrickthebold 4y agoMaybe it's: "uh-oh Adobe must be in a really bad position if they agreed to pay 20b for Figma". Followed by, "Uh-oh, the need to buy Figma but can't".
- deleted 4y ago[deleted]