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About
History
Competitors
About
History
Competitors
Adobe is a multinational software company based in San Jose, California. It was founded in 1982 by John Warnock and Charles Geschke. Today, from its US headquarters, Adobe creates a variety of products that are compatible with all digital devices, including PC, Mac, iPhone, and Android mobile devices.
Adobe specialises in multimedia content software. Its flagship products are Adobe Photoshop, an advanced image editing software, and Adobe Acrobat Reader, a program that allows users to view and manage another of Adobe’s products, PDF documents.
Other notable products from this tech company include Adobe Illustrator and the animation software Flash, which was acquired from Macromedia and later evolved into Adobe Flash. These products, as well as new innovations, are facilitated by a team of more than 26,000 employees in the US, India and other parts of the world. In 2021, Adobe's revenue was $15.78 billion.
Adobe’s Initial Public Offering (IPO) took place on August 20, 1986. That IPO made Adobe stock available to the public via the Nasdaq Exchange under the ticker NASDAQ: ADBE. Looking back through the Adobe share price history shows that trading began at $0.21.
The Adobe share price gradually increased during its first year and, in 1987, it breached the $1 mark. However, it wasn’t until 1999 that Adobe stock finally crossed the $10 barrier. Since then, Adobe shares have, in general, been bullish.
Between 1986 and 2022, the highest recorded Adobe share price was $688.37. This high was recorded on November 19, 2021. Another notable point to consider with Adobe stock is that it doesn’t pay a dividend like some tech companies, such as IBM and Microsoft.
Why trade Adobe stock when there are other options? Adobe stock has provided positive returns since going public. Between 1986 and their peak in 2021, Adobe shares were up 327,695% (from $0.21 to $688.37). Adobe also had total assets of more than $27 billion in 2022, and an operating income of over $5 billion in 2021.
However, Adobe shares aren’t the only tech stock worth considering. Other tech companies, including Microsoft, IBM and Oracle, pay dividends to shareholders. You can also trade shares in these companies at Skilling. With all three leading the way with regard to digital innovations, they could be viable alternatives to trading Adobe stock.
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* The spreads provided are a reflection of the time-weighted average. Though Skilling attempts to provide competitive spreads during all trading hours, clients should note that these may vary and are susceptible to underlying market conditions. The above is provided for indicative purposes only. Clients are advised to check important news announcements on our Economic Calendar, which may result in the widening of spreads, amongst other instances.
The above spreads are applicable under normal trading conditions. Skilling has the right to amend the above spreads according to market conditions as per the 'Terms and Conditions'.
Trade [[data.name]] with Skilling
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Why Trade [[data.name]]
Make the most of price fluctuations - no matter what direction the price swings and without capital restrictions that come with buying the underlying asset.
CFDs
Equities
Capitalise on rising prices (go long)
Capitalise on falling prices (go short)
Trade with leverage
Hold larger positions than the cash you have at your disposal
Trade on volatility
No need to own the asset
No commissions
Just low spreads
Manage risk with in-platform tools
Ability to set take profit and stop loss levels