Adobe Inc. Stock Falls 6.7%, Underperforms Peers
Dow Jones2026/09/04 20:33This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Adobe Inc. slipped 6.7% to $266.51 on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.4% to 7,718.60 and Dow Jones Industrial Average falling 0.5% to 53,414.25.
Adobe Inc. closed 28.1% short of its 52-week high of $370.86, which the company achieved on September 18th.
The stock underperformed when compared to some of its peers, as Apple Inc. fell 2.5% to $319.97, Microsoft Corp. fell 2.0% to $499.70, and Alphabet Inc. Cl C fell 1.05% to $335.31.
Trading volume totaled 6.5 million, compared to the 50-day average of 5.2 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
September 04, 2026 16:33 ET (20:33 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Moody’s and Chainlink Complete Cross-Chain Credit Ratings Distribution Pilot
loanDepot, Davidson Homes Form Mortgage Joint Venture
Goldman Sachs predicts Anthropic's annual revenue will soar to $685 billion by 2030, supporting a $1.4 trillion IPO valuation
According to insiders, the Goldman Sachs research team expects that the annual revenue of the AI startup Anthropic will soar to approximately 685 billions USD by 2030, nearly 150 times higher than the forecasted 4.59 billions USD in 2025.
Crypto prices
More
