Shares of Adobe Inc. ADBE, -2.20% shed 0.57% to $318.65 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA, -0.39% rising 0.61% to 32,033.28 and the S&P 500 Index SPX, -0.75% falling 0.61% to 3,807.30. This was the stock’s second consecutive day of losses. Adobe Inc. closed $380.89 short of its 52-week high ($699.54), which the company achieved on November 22nd.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Microsoft Corp. MSFT, -1.59% fell 1.98% to $226.75, Salesforce Inc. CRM, -0.26% fell 0.10% to $159.75, and SAP SE ADR SAP, -1.69% fell 0.33% to $97.44. Trading volume (2.9 M) remained 1.6 million below its 50-day average volume of 4.4 M.