ADBE Stock On Track For Third Weekly Loss: Outgoing CEO Files $31.5M Share Sale
Insider selling adds to investor concerns as Adobe navigates AI disruption and a CEO transition. CEO Shantanu Narayen has sold about $31.5 million worth of Adobe shares ahead of his December CEO transition. Adobe shares remain under pressure amid AI competition, softer growth expectations, and uncertainty over its next phase. The company is defending its … Read more