Shares of Adobe Inc. ADBE, -0.49% slipped 0.49% to $347.02 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, +0.53% rising 0.53% to 4,012.32 and the Dow Jones Industrial Average DJIA, +0.33% rising 0.33% to 33,153.91. Adobe Inc. closed $132.19 short of its 52-week high ($479.21), which the company reached on March 1st.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Apple Inc. AAPL, +0.33% rose 0.33% to $149.40, Microsoft Corp. MSFT, +1.30% rose 1.30% to $254.77, and Alphabet Inc. Cl C GOOG, -0.80% fell 0.80% to $91.07. Trading volume (2.9 M) eclipsed its 50-day average volume of 2.8 M.