Shares of Adobe Systems reached an all-time intraday high on Friday, after reporting earnings Thursday that beat Wall Street expectations.
That’s a particularly notable milestone because Adobe is one of the older tech stocks on the public markets — it went public more than 30 years ago, in August 1986.
Shares climbed more than 5 percent Friday afternoon, peaking at $130.30 and finishing the day up more than 3 percent.