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Adobe Systems (NASDAQ:ADBE): Closing price $42.97
Some Australian MPs are accusing Microsoft Corporation (NASDAQ:MSFT) and Adobe of being ‘evasive’ as they look into why some citizens had to pay hundreds of dollars more for the same products than in the United States, says the Sydney Morning Herald. Both firms pointed to prices of newer web-based subscription versions of their software, but the MPs rejected that as reasons for the premiums. Shares closed up 1.87 percent on Friday at $42.97, and have been traded in a 52-week range of $29.52 to $43.23.
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