# Adobe Shares Slip After HSBC Downgrades Software Company By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/31138 Published: 2026-10-13T12:49:28.000Z Updated: 2026-10-13T12:49:28.000Z Section: Investing > Adobe shares edged lower in premarket trading Oct. 13 after HSBC downgraded the company. Wells Fargo double-downgraded Adobe on Monday. Adobe shares slipped fractionally in premarket trading Oct. 13 after HSBC downgraded the software company over concerns about artificial intelligence-coded clones. The move followed [Wells Fargo’s double downgrade of Adobe on Monday](), adding another rating change for the company ahead of the U.S. market open. ## Links in this article - [Wells Fargo’s double downgrade of Adobe on Monday](https://www.tokenpost.com/news/investing/30240)