Adobe Inc. Stock Climbs 4.2%, Outperforms Competitors

Dow Jones
02-11

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Adobe Inc. advanced 4.2% to $451.10 on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.7% to 6,066.44 and the Dow Jones Industrial Average rising 0.4% to 44,470.41.

The stock's rise snapped a three-day losing streak.

Adobe Inc. closed 28.0% below its 52-week high of $626.35, which the company achieved on February 12th.

The stock outperformed some of its competitors, as Apple Inc. rose 0.1% to $227.65, Microsoft Corp. rose 0.6% to $412.22, and Alphabet Inc. Cl C rose 0.57% to $188.20.

Trading volume totaled 3.9 million, compared to the 50-day average of 4.2 million.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

February 10, 2025 16:42 ET (21:42 GMT)

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