Adobe shares hit lowest level since Jan 2019 after CFO exit

Adobe's stock fell 5.9% in after-hours trading on Thursday, hitting its lowest level since January 2019. The decline followed the company's announcement that CFO Dan Durn will leave the company. Investors were disappointed, as the Durn's exit announcement came just three months after Adobe said CEO Shantanu Narayen would step down after 18 years once a successor is appointed.