Adobe Inc. Stock Slips 5.3%, Underperforms Peers

Dow Jones06-18 04:34

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

Shares of Adobe Inc. slipped 5.3% to $196.28 on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.2% to 7,420.10 and Dow Jones Industrial Average falling 1.0% to 51,492.55.

The stock's fall snapped a two-day winning streak.

Adobe Inc. closed 50.9% short of its 52-week high of $399.67, which the company achieved on June 17th.

The stock underperformed when compared to some of its peers, as Apple Inc. fell 1.1% to $295.95, Microsoft Corp. fell 3.8% to $378.91, and Alphabet Inc. Cl C fell 2.43% to $362.10.

Trading volume totaled 10.5 million, compared to the 50-day average of 6.0 million.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

June 17, 2026 16:34 ET (20:34 GMT)

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