DJ Adobe Inc. Stock Underperforms Wednesday When Compared To Competitors
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Adobe Inc. $(ADBE)$ shed 1.44% to $397.81 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.12% to 5,712.20 and Dow Jones Industrial Average falling 0.31% to 42,454.79.
The stock's fall snapped a two-day winning streak.
Adobe Inc. closed 32.32% below its 52-week high of $587.75, which the company achieved on September 12th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Apple Inc. $(AAPL)$ fell 0.99% to $221.53, Microsoft Corp. $(MSFT)$ fell 1.31% to $389.97, and Alphabet Inc. Cl C $(GOOG)$ fell 3.27% to $167.14.
Data source: Dow Jones Market Data, FactSet. Data compiled March 26, 2025.
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(END) Dow Jones Newswires
March 26, 2025 16:34 ET (20:34 GMT)
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