SEMrush Shares Surge Premarket on Report of Takeover by Adobe

By Colin Kellaher


Shares of SEMrush Holdings took flight in premarket trading Wednesday after The Wall Street Journal reported that Adobe is closing in on a $1.9 billion deal to buy the software platform.

Adobe is set to pay $12 a share for SEMrush, nearly 78% above Tuesday's closing price of $6.76, The Journal reports, citing people familiar with the matter.

A deal could be finalized as soon as Wednesday.

SEMrush shares were recently up 70% to $11.52 in premarket trading.


Write to Colin Kellaher at colin.kellaher@wsj.com


(END) Dow Jones Newswires

November 19, 2025 08:01 ET (13:01 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

The articles, information, and content displayed on this webpage may include materials prepared and provided by third parties. Such third-party content is offered for informational purposes only and is not endorsed, reviewed, or verified by Morningstar.

Morningstar makes no representations or warranties regarding the accuracy, completeness, timeliness, or reliability of any third-party content displayed on this site. The views and opinions expressed in third-party content are those of the respective authors and do not necessarily reflect the views of Morningstar, its affiliates, or employees.

Morningstar is not responsible for any errors, omissions, or delays in this content, nor for any actions taken in reliance thereon. Users are advised to exercise their own judgment and seek independent financial advice before making any decisions based on such content. The third-party providers of this content are not affiliated with Morningstar, and their inclusion on this site does not imply any form of partnership, agency, or endorsement.

Popular

Sponsor Center