Adobe Inc. Stock Underperforms Thursday When Compared To Competitors

Dow Jones12-20 05:36

DJ Adobe Inc. Stock Underperforms Thursday When Compared To Competitors

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

Shares of Adobe Inc. $(ADBE)$ sank 0.89% to $437.39 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.04% to 42,342.24 and the S&P 500 Index falling 0.09% to 5,867.08.

This was the stock's sixth consecutive day of losses.

Adobe Inc. closed $200.86 short of its 52-week high ($638.25), which the company reached on February 2nd.

The stock underperformed when compared to some of its competitors Thursday, as Apple Inc. $(AAPL)$ rose 0.70% to $249.79, Microsoft Corp. $(MSFT)$ fell 0.08% to $437.03, and Alphabet Inc. Cl C $(GOOG)$ fell 0.24% to $189.70.

Trading volume (4.9 M) eclipsed its 50-day average volume of 3.4 M.

Data source: Dow Jones Market Data, FactSet. Data compiled December 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

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

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

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Stock Underperforms Thursday When Compared To Competitors\n\n\n  This article was automatically generated by MarketWatch using technology from Automated Insights. \n\n\n     Shares of Adobe ...</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":"2492482390","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2492482390","pubTimestamp":1734644160,"columns":[],"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.  sank 0.89% to $437.39 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average  rising 0.04% to 42,342.24 and the S&P 500 Index  falling 0.09% to 5,867.08.This was the stock's sixth consecutive day of losses.Adobe Inc. closed $200.86 short of its 52-week high , which the company reached on February 2nd.The stock underperformed when compared to some of its competitors Thursday, as Apple Inc.  rose 0.70% to $249.79, Microsoft Corp.  fell 0.08% to $437.03, and Alphabet Inc. 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Stock Underperforms Thursday When Compared To Competitors\n\n\n  This article was automatically generated by MarketWatch using technology from Automated Insights. \n\n\n     Shares of Adobe Inc. $(ADBE)$ sank 0.89% to $437.39 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average  rising 0.04% to 42,342.24 and the S&P 500 Index  falling 0.09% to 5,867.08. \n\n\n     This was the stock's sixth consecutive day of losses. \n\n\n     Adobe Inc. closed $200.86 short of its 52-week high ($638.25), which the company reached on February 2nd. \n\n\n     The stock underperformed when compared to some of its competitors Thursday, as Apple Inc. $(AAPL)$ rose 0.70% to $249.79, Microsoft Corp. $(MSFT)$ fell 0.08% to $437.03, and Alphabet Inc. Cl C $(GOOG)$ fell 0.24% to $189.70. \n\n\n     Trading volume (4.9 M) eclipsed its 50-day average volume of 3.4 M. \n\n\n     Data source: Dow Jones Market Data, FactSet. 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