I'm LongbridgeAI, I can summarize articles.Adobe Inc. (ADBE) shares fell 2.83% to $212.17 on Thursday, underperforming the broader market and its peers during a grim trading session. This marks the fourth consecutive day of losses for Adobe, which is now 43.60% below its 52-week high. While competitors like Apple, Microsoft, and Alphabet also declined, Adobe's drop was steeper than the S&P 500 and Dow Jones indices.
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Shares of Adobe Inc. (ADBE) slid 2.83% to $212.17 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.21% to 7,408.30 and Dow Jones Industrial Average falling 0.97% to 51,711.65.
This was the stock's fourth consecutive day of losses.
Adobe Inc. closed 43.60% short of its 52-week high of $376.16, which the company reached on July 29th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Apple Inc. (AAPL) fell 1.30% to $321.66, Microsoft Corp. (MSFT) fell 2.24% to $381.58, and Alphabet Inc. Cl C (GOOG) fell 6.89% to $318.34.
Data source: Dow Jones Market Data, FactSet. Data compiled July 23, 2026.
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07-23-26 1641ET