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6/19, 7:07 PM (Source: TeleTrader)
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Adobe shares eye all-time high on rise in revenue

Shares of computer software company Adobe Inc. jumped on Wednesday nearing their all-time high from April 29 after reporting upbeat financial results for the second quarter of fiscal 2019.

Revenues surged 25% year-over-year to $2.74 billion, however, earnings per share (EPS) slid 3% to $1.29 in the same period.

At 1:05 pm ET, Adobe's stock advanced 4.52% to $289.2800, nearing their all-time high of $291.0600.

Breaking the News / NI