DJ Adobe Inc. Stock Underperforms Wednesday When Compared To Competitors Despite Daily Gains
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Shares of Adobe Inc. $(ADBE)$ rose 2.03% to $345.62 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.73% to 6,345.06 and the Dow Jones Industrial Average rising 0.18% to 44,193.12.
The stock's rise snapped a five-day losing streak.
Adobe Inc. closed 41.20% 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. $(AAPL)$ rose 5.09% to $213.25, Microsoft Corp. $(MSFT)$ fell 0.53% to $524.94, and Alphabet Inc. Cl C $(GOOG)$ rose 0.82% to $196.92.
Trading volume (3.3 M) remained 545,404 below its 50-day average volume of 3.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 6, 2025.
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(END) Dow Jones Newswires
August 06, 2025 16:36 ET (20:36 GMT)
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