Adobe shares plunge 10% after Russia's invasion of Ukraine leads to reduced sales forecast - CNBC

Adobe said late Tuesday that the Russia-Ukraine conflict will lower annual recurring revenue for the year by $75 million.

Adobe shares fell about 10% Wednesday after the software company lowered estimates for the fiscal year to account for the impact of halting sales in Russia. Adobe said on March 4, the first day of t… [+1218 chars]

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