DJ Adobe Inc. Stock Outperforms Competitors On Strong Trading Day
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Adobe Inc. $(ADBE)$ rose 1.93% to $542.44 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.11% to 5,459.10 and the Dow Jones Industrial Average rising 1.64% to 40,589.34.
This was the stock's second consecutive day of gains.
Adobe Inc. closed $95.81 below its 52-week high ($638.25), which the company achieved on February 2nd.
The stock outperformed some of its competitors Friday, as Apple Inc. $(AAPL)$ rose 0.22% to $217.96, Microsoft Corp. $(MSFT)$ rose 1.64% to $425.27, and Alphabet Inc. Cl C $(GOOG)$ fell 0.28% to $168.68.
Trading volume (2.1 M) remained 1.5 million below its 50-day average volume of 3.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 26, 2024.
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(END) Dow Jones Newswires
July 26, 2024 16:35 ET (20:35 GMT)
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