Adobe Inc. Stock Rises Tuesday, Still Underperforms Market

Dow Jones11-20 05:36

DJ Adobe Inc. Stock Rises Tuesday, Still Underperforms Market

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Adobe Inc. $(ADBE)$ inched 0.02% higher to $499.61 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.40% to 5,916.98 and the Dow Jones Industrial Average falling 0.28% to 43,268.94.

The stock's rise snapped a three-day losing streak.

Adobe Inc. closed $138.64 below its 52-week high ($638.25), which the company reached on February 2nd.

The stock underperformed when compared to some of its competitors Tuesday, as Apple Inc. $(AAPL)$ rose 0.11% to $228.28, Microsoft Corp. $(MSFT)$ rose 0.49% to $417.79, and Alphabet Inc. Cl C $(GOOG)$ rose 1.57% to $179.58.

Trading volume (1.9 M) remained 1.3 million below its 50-day average volume of 3.2 M.

Data source: Dow Jones Market Data, FactSet. Data compiled November 19, 2024.

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

November 19, 2024 16:36 ET (21:36 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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Stock Rises Tuesday, Still Underperforms Market\n\n\n  This article was automatically generated by MarketWatch using technology from Automated Insights. \n\n\n     Shares of Adobe Inc. $(ADBE)...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ADBE","symbol_name":"Adobe","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2484906104","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2484906104","pubTimestamp":1732052160,"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"This article was automatically generated by MarketWatch using technology from Automated Insights.Shares of Adobe Inc.  inched 0.02% higher to $499.61 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index  rising 0.40% to 5,916.98 and the Dow Jones Industrial Average  falling 0.28% to 43,268.94.The stock's rise snapped a three-day losing streak.Adobe Inc. closed $138.64 below its 52-week high , which the company reached on February 2nd.The stock underperformed when compared to some of its competitors Tuesday, as Apple Inc.  rose 0.11% to $228.28, Microsoft Corp.  rose 0.49% to $417.79, and Alphabet Inc. 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