DJ Adobe Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Adobe Inc. (ADBE) shed 2.20% to $279.79 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.46% to 7,666.60 and the Dow Jones Industrial Average rising 0.56% to 53,061.95.
This was the stock's second consecutive day of losses.
Adobe Inc. closed 24.56% below its 52-week high of $370.86, which the company achieved on September 18th.
The stock underperformed when compared to some of its competitors Wednesday, as Apple Inc. (AAPL) fell 0.05% to $324.96, Microsoft Corp. (MSFT) fell 0.84% to $496.82, and Alphabet Inc. Cl C (GOOG) rose 0.53% to $333.78.
Trading volume (3.8 M) remained 1.6 million below its 50-day average volume of 5.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 2, 2026.