DJ Adobe Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Adobe Inc. $(ADBE)$ rallied 1.08% to $374.98 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.15% to 5,569.06 and the Dow Jones Industrial Average rising 0.35% to 40,669.36.
This was the stock's seventh consecutive day of gains.
Adobe Inc. closed 36.20% below its 52-week high of $587.75, which the company achieved on September 12th.
The stock outperformed some of its competitors Wednesday, as Apple Inc. $(AAPL)$ rose 0.61% to $212.50, Microsoft Corp. $(MSFT)$ rose 0.31% to $395.26, and Alphabet Inc. Cl C $(GOOG)$ fell 0.72% to $160.89.
Trading volume (3.3 M) remained 830,736 below its 50-day average volume of 4.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 30, 2025.
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(END) Dow Jones Newswires
April 30, 2025 16:34 ET (20:34 GMT)
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