DJ Adobe Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Adobe Inc. $(ADBE)$ slipped 1.60% to $343.22 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 2.36% to 5,158.20 and Dow Jones Industrial Average falling 2.48% to 38,170.41.
Adobe Inc. closed 41.60% short of its 52-week high of $587.75, which the company achieved on September 12th.
Despite its losses, the stock outperformed some of its competitors Monday, as Apple Inc. $(AAPL)$ fell 1.94% to $193.16, Microsoft Corp. $(MSFT)$ fell 2.35% to $359.12, and Alphabet Inc. Cl C $(GOOG)$ fell 2.28% to $149.86.
Trading volume (3.7 M) remained 428,353 below its 50-day average volume of 4.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 21, 2025.
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April 21, 2025 16:35 ET (20:35 GMT)
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