Shares of Adobe dropped 13.7%, a day after it forecast second-quarter revenue below analysts’ estimates, citing competition and weak demand for its artificial intelligence-integrated photography, illustration and video.
Largecaps look better as smallcaps price in strong growth: Franklin Templeton’s Arihant Jain
Largecap stocks offer a better risk-reward balance than mid- and small-caps as higher growth expectations are already priced into smaller companies, according to Arihant Jain