$ADBE $CRM $ZM: Buybacks Rise as Software Weakness Deepens

AfraSimon
03-26 07:17

As Software stocks fall, they are resorting to BuyBacks in hopes to stabilise the share price.

- $Dropbox Inc.(DBX)$ 31.7%

- $Docusign(DOCU)$ 11.6%

- $Adobe(ADBE)$ 10.5%

- $Box(BOX)$ 10.2%

- $Workday(WDAY)$ 9.4%

- $Zoom(ZM)$ 7.9%

- $Asana, Inc.(ASAN)$ 7.3%

- $Salesforce.com(CRM)$ 6.6%

- $Fair Isaac(FICO)$ 6%

- $UiPath(PATH)$ 5.7%

BuyBacks only increase EPS and share price if the fundamentals are improving.

BuyBacks are useless for a melting ice cube.

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