Kass Covered Short In Adobe (ADBE)

by Roger Nachman, Benzinga Staff Writer
October 8, 2010 5:23 PM | 16 seconds read |
Doug Kass of Seabreeze Partners tweeted that he covered his short in Adobe ADBE at a profit, on rumors the company was going to be acquired by Microsoft MSFT. Shares of ADBE lost $1.70 to $26.99 today, a loss of nearly 6%.
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Posted In: Short IdeasHedge FundsMovers & ShakersTrading IdeasApplication SoftwareDoug KassInformation TechnologySeabreeze PartnersSystems Software
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