The Story
News Summary
- Adobe dropped 6.5% after announcing digital experience chief Anil Chakravarthy will succeed CEO Shantanu Narayen in December.
- Concurrently, creative division head David Wadhwani, overseeing 75% of revenue, will depart.
- The abrupt executive shake-up intensifies investor concern over mounting AI competition and looming structural changes ahead of earnings.
Explore US100 price history & advisor snapshot
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Stored market data
US100 price history
29368.44
+18.07% over the displayed period
Advisor Snapshot
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