Adobe Inc. Stock Underperforms Wednesday When Compared To Competitors
Complete. Here is the key summaryAdobe Inc. (ADBE) shares fell 3.87% to $218.36 on Wednesday, underperforming competitors like Apple, Microsoft, and Alphabet during a broader market decline. This marks the third consecutive day of losses for Adobe, which is now trading 41.95% below its 52-week high. Trading volume remained below the 50-day average.
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Shares of Adobe Inc. (ADBE) shed 3.87% to $218.36 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.14% to 7,498.96 and Dow Jones Industrial Average falling 0.01% to 52,218.58.
This was the stock's third consecutive day of losses.
Adobe Inc. closed 41.95% below its 52-week high of $376.16, which the company reached on July 29th.
The stock underperformed when compared to some of its competitors Wednesday, as Apple Inc. (AAPL) fell 0.56% to $325.89, Microsoft Corp. (MSFT) fell 1.86% to $390.34, and Alphabet Inc. Cl C (GOOG) fell 1.24% to $341.91.
Trading volume (4.3 M) remained 2.3 million below its 50-day average volume of 6.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 22, 2026.
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07-22-26 1640ET