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Adobe Surges as Apple Says It Will Drop Restrictions for IPhone App Store
Adobe Systems Inc. rose the most in almost 18 months after Apple Inc. said it would drop restrictions on the use of development tools, such as those offered by Adobe, for its App Store.
Adobe shares rose 8 percent to $31.64 at 10:07 a.m. New York time in Nasdaq Stock Market trading, after gaining as much as 10 percent.
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