DJ Adobe Inc. Stock Underperforms Monday When Compared To Competitors
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Adobe Inc. $(ADBE)$ sank 0.89% to $461.53 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.38% to 6,074.08 and the Dow Jones Industrial Average falling 0.25% to 43,717.48.
This was the stock's third consecutive day of losses.
Adobe Inc. closed $176.72 below its 52-week high ($638.25), which the company achieved on February 2nd.
The stock underperformed when compared to some of its competitors Monday, as Apple Inc. $(AAPL)$ rose 1.17% to $251.04, Microsoft Corp. $(MSFT)$ rose 0.97% to $451.59, and Alphabet Inc. Cl C $(GOOG)$ rose 3.54% to $198.16.
Trading volume (5.7 M) eclipsed its 50-day average volume of 3.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 16, 2024.
This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
December 16, 2024 16:36 ET (21:36 GMT)
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