DJ Adobe Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Adobe Inc. $(ADBE)$ shed 1.21% to $378.04 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.03% to 5,980.87 and Dow Jones Industrial Average falling 0.10% to 42,171.66.
This was the stock's second consecutive day of losses.
Adobe Inc. closed 35.68% short of 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 0.48% to $196.58, Microsoft Corp. $(MSFT)$ rose 0.46% to $480.24, and Alphabet Inc. Cl C $(GOOG)$ fell 1.83% to $173.98.
Data source: Dow Jones Market Data, FactSet. Data compiled June 18, 2025.
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June 18, 2025 16:34 ET (20:34 GMT)
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