DJ Adobe Inc. Stock Underperforms Wednesday When Compared To Competitors
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Adobe Inc. $(ADBE)$ shed 1.88% to $258.75 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.26% to 7,748.50 and the Dow Jones Industrial Average falling 0.04% to 53,770.27.
This was the stock's second consecutive day of losses.
Adobe Inc. closed 30.23% below its 52-week high of $370.86, which the company achieved on September 18th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Apple Inc. $(AAPL)$ fell 0.87% to $302.25, Microsoft Corp. $(MSFT)$ fell 2.26% to $492.43, and Alphabet Inc. Cl C $(GOOG)$ fell 0.18% to $342.37.
Trading volume (3.9 M) remained 2.9 million below its 50-day average volume of 6.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 12, 2026.