Guinness Global Innovators Fund sold Adobe (ADBE) shares in Q2 2026, citing increased competition and a lack of expected growth inflection despite strong AI adoption.
Guinness Global Innovators Fund, in its Q2 2026 investor letter, stated that it sold Adobe Inc. (ADBE) shares during the quarter. The fund noted that while Adobe's Firefly AI tool gained momentum, the company's shares have struggled due to a rapidly changing and increasingly competitive landscape in creative design and data analytics markets. Adobe closed at $275.30 per share on August 21, 2026, with a market capitalization of $109.43 billion, having lost 24.20% over the past 52 weeks.
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