Macromedia shares fell 30 percent on Thursday, one day after the software company cut its revenue growth target for the year, citing slower-than-expected adoption rate of its Sudio MX 2004 suite. Macromedia said it now expects revenue for the fiscal year ending March 31 to increase by 5 percent to 10 percent, down from its previous view of 10 percent to 20 percent. The stock, which was the No.1 percentage loser on Nasdaq, fell as much as US$8.81, to $18.32.