Adobe Stock In Penalty Box As Investors Await New CEO's Strategy

Adobe (ADBE) stock wavered Friday even though the digital media and marketing software firm beat fiscal third-quarter estimates. Investors groused about the company's mixed fiscal Q4 outlook and are cautious ahead of a new chief executive taking the helm. Late Thursday, the San Jose, Calif.-based company said it earned an adjusted $6.13 a share, up 15% year over year, on…