Adobe downgraded at William Blair on intensifying competitive pressure

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Adobe Systems Inc (NASDAQ: ADBE) Delayed: 256.03 -7.68 (2.91%)
Previous Close $263.71    52 Week High $111.09 
Open $258.45    52 Week Low $71.27 
Day High $263.26    P/E 457.20 
Day Low $255.90    EPS $0.56 
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