DJ Adobe Inc. Stock Underperforms Wednesday When Compared To Competitors
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Adobe Inc. $(ADBE)$ slid 2.24% to $256.24 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.74% to 7,553.68 and Dow Jones Industrial Average falling 1.21% to 50,687.07.
This was the stock's second consecutive day of losses.
Adobe Inc. closed 39.20% short of its 52-week high of $421.48, which the company achieved on June 5th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Apple Inc. $(AAPL)$ fell 1.57% to $310.26, Microsoft Corp. $(MSFT)$ fell 3.17% to $427.34, and Alphabet Inc. Cl C $(GOOG)$ fell 0.76% to $355.68.
Trading volume (4.6 M) remained 451,160 below its 50-day average volume of 5.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 3, 2026.
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(END) Dow Jones Newswires
June 03, 2026 16:39 ET (20:39 GMT)
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