Adobe to acquire Figma for $20B

Re:Adobe to acquire Figma for $20B by time_to_smile on Thursday September 15, 2022 @01:26PM (#32855436)

Compare stocks with the highest correlated log returns. Anything that's economic should impact the correlated group the same, if it's company specific then that company will stand out.

Most correlated with ADBE (all have > 0.8 correlation) that I see with there price change today are:

ANSS (-0.77%)

INTU (-1.94%)

CRM (-1.73%)

MSFT (-1.77%)

ADSK (-2.61%)

As you can see none of these stocks are experiencing anywhere near the drop today that ADBE is, so you can pretty reasonably explain the drop as company specific.

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Re:Adobe to acquire Figma for $20B by somebodythere on Thursday September 15, 2022 @02:44PM (#32856620)

Adobe posted earnings today.

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Re:Adobe to acquire Figma for $20B by safdahfslh23s on Thursday September 15, 2022 @07:18PM (#32859740)

Yea, again how can you separate the market's reaction to 1) earnings from 2) the acquisition?

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