Adobe Inc. Stock Outperforms Competitors On Strong Trading Day

Dow Jones12-21 05:37

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. $(ADBE)$ advanced 2.24% to $447.17 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.09% to 5,930.85 and the Dow Jones Industrial Average rising 1.18% to 42,840.26.

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

Adobe Inc. closed $191.08 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 1.88% to $254.49, Microsoft Corp. $(MSFT)$ fell 0.10% to $436.60, and Alphabet Inc. Cl C $(GOOG)$ rose 1.72% to $192.96.

Trading volume (8.1 M) eclipsed its 50-day average volume of 3.5 M.

Data source: Dow Jones Market Data, FactSet. Data compiled December 20, 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 20, 2024 16:37 ET (21:37 GMT)

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

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