DJ Adobe Inc. Stock Outperforms Competitors On Strong Trading Day
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Adobe Inc. $(ADBE)$ rose 2.31% to $426.93 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.21% to 5,937.34 and Dow Jones Industrial Average falling 0.16% to 43,153.13.
This was the stock's fourth consecutive day of gains.
Adobe Inc. closed 33.11% short of its 52-week high of $638.25, which the company reached on February 2nd.
The stock outperformed some of its competitors Thursday, as Apple Inc. $(AAPL)$ fell 4.04% to $228.26, Microsoft Corp. $(MSFT)$ fell 0.41% to $424.58, and Alphabet Inc. Cl C $(GOOG)$ fell 1.30% to $194.41.
Trading volume (4.2 M) eclipsed its 50-day average volume of 3.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 16, 2025.
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(END) Dow Jones Newswires
January 16, 2025 16:35 ET (21:35 GMT)
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