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0 pointsdrawkbox3y ago0 comments

Acquisitions from the acquirer side always tank the stock, the acquired always get a bump. The down market and the $20B spend is why it is down.

From an ADBE perspective, this actually is a good long term move and shouldn't be such a hit.

From Figmas perspective, I am sure this was one of their hopeful outcomes.

If people here don't like the outcome, then I wonder if they know what type of game they support. This is the game with VC/growth/exits.

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pmayrgundter3y ago

I had a similar thought..

I figured the dynamic here is market gets a checkpoint where the acquirer has admitted they're moving into maturity and so switching from build to buy.

But my first check was MSFT acquisition of GutHub.. was up on the day. Nadella had been turning the ship for a while and MS was certainly looking revived by that point.

So, not always down. There are win-win acquisitions

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