Adobe Inc. stock underperforms Monday when compared to competitors despite daily gains

Adobe Inc. stock underperforms Monday when compared to competitors despite daily gains


Shares of Adobe Inc.
ADBE,
+1.39%

rose 1.39% to $522.00 on Monday, in what turned out to be a generally favorable trading session for the stock market, along with the S&P 500 Index
SPX,
+0.39%

up 0.39% at 4,522.79 and the Dow Jones Industrial Average
DJIA,
+0.22%

up 0.22% to 34,585.35.

Adobe Inc. closed $1.79 off its 52-week high ($523.79), which the company hit on July 14.

The stock posted a mixed performance against some of its competitors on Monday, such as Apple Inc.
AAPL,
+1.73%

rose 1.73% to $193.99, Microsoft Corp.
MSFT,
+0.14%

rose 0.14% to $345.73, and Alphabet Inc. Cl C
GOOG,
-0.51%

fell 0.51% to $125.06.

Trading volume (2.6M) remained 1.6M below its 50-day average volume of 4.3M.

Editor’s Note: This story was auto-generated by Automated previewsan automation technology provider, using data from Dow Jones and FactSet. See our Market Data Terms of Use.



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