DJ Adobe Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Adobe Inc. (ADBE) slipped 2.25% to $232.77 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.22% to 7,801.77 and Dow Jones Industrial Average falling 0.66% to 51,179.87.
This was the stock's second consecutive day of losses.
Adobe Inc. closed 36.00% short of its 52-week high of $363.70, which the company reached on October 28th.
The stock underperformed when compared to some of its competitors Wednesday, as Apple Inc. (AAPL) rose 0.91% to $336.67, Microsoft Corp. (MSFT) rose 0.09% to $529.76, and Alphabet Inc. Cl C (GOOG) rose 0.81% to $347.37.
Trading volume (6.5 M) eclipsed its 50-day average volume of 5.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 7, 2026.