ADBE is trading at $280.39 (+3.1%) today as it recovers from yesterday's sharp sell-off triggered by AI disruption fears.
- The stock is reversing a -7.3% drop from $271.93, which occurred alongside a broad software decline following new tool releases from Anthropic.
- ADBE is currently outperforming the NASDAQ (-1%), bucking the downward trend seen in the broader tech sector after weak ADP jobs data.
- The rebound appears driven by sector rotation and profit-taking recovery, with no fresh company-specific news reported today.