I know that this is an old post, but I think that I figured out why this is happening.  I'm on a 2021 M1 Pro MBP.  Running the latest version (2023.001.20093).  

This has something to do with the adobe cloud connected services.  The simple fix is to click the "home" tab, then select "Starred" instead of "recent".  When I did this, then clicked back to the document I was reviewing, the window resize lag stopped.  Best guess is that it is a sync issue with the cloud, bogging down the software.  

The other solution is to clear your recents or disconnect the cloud services.  

Hope this helps.