DJ Adobe Inc. Stock Rises Tuesday, Still Underperforms Market
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Shares of Adobe Inc. $(ADBE)$ rose 1.33% to $413.10 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 2.05% to 5,921.54 and the Dow Jones Industrial Average rising 1.78% to 42,343.65.
Adobe Inc. closed 29.72% below its 52-week high of $587.75, which the company achieved on September 12th.
The stock underperformed when compared to some of its competitors Tuesday, as Apple Inc. $(AAPL)$ rose 2.53% to $200.21, Microsoft Corp. $(MSFT)$ rose 2.33% to $460.69, and Alphabet Inc. Cl C $(GOOG)$ rose 2.59% to $173.98.
Trading volume (2.6 M) remained 1.2 million below its 50-day average volume of 3.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 27, 2025.
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May 27, 2025 16:35 ET (20:35 GMT)
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