Fundamental Fridays: Adobe Systems
March 6, 2009 by Tisa Silver
Filed under Investing
Welcome to Fundamental Fridays! Today, we will examine Adobe Systems (Ticker: ADBE).
According to its Yahoo! profile, Adobe Systems provides “business and mobile software and services worldwide.” The company was founded in 1982 and is headquartered in San Jose, California.
I picked Adobe because I have been having serious issues with the company’s Flash and Shockwave players all week long!
In the past 52 weeks, Adobe has moved right along with the S&P 500. ADBE has lost 47.89 percent of its value. The S&P 500 lost 47.67 percent of its value during the same period. Yesterday, ADBE closed at $16.92. Should you …read more
