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Jefferies Equity Research Analyst Brent Thill assesses Adobe's deal to acquire Figma amid its third-quarter revenue beat, while looking at investor responses, the climate of the tech sector, and Amazon's NFL streaming deal.
Video Transcript [AUDIO LOGO] SEANA SMITH: Adobe shares taking a very hard hit.
There's been a couple of head-scratchers in the past, but nothing like this.
Were there any weaknesses that you think that Figma can really help strengthen Adobe with?
So this is a head-scratcher for a lot of our clients, and you're seeing it, as a result, on the stock price.
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My understanding is Figma is used to design app UIs. It’s essential for liberal arts majors to pretend to work as codecels.
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