: Adobe stock drops on report DoJ will seek to block Figma deal


Adobe Inc. ADBE, -0.49% shares dropped in the extended session Thursday following a report that the Department of Justice was preparing to block the company’s $20 billion acquisition of Figma. Adobe shares fell more than 5% after hours, adding to a 0.5% regular session decline to close at $347.02. The stock started sliding after hours following the report from Bloomberg News. A similar report surfaced back in November, that time from Politico.

This article was originally published by Marketwatch.com. Read the original article here.

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