Shares of Adobe Inc. ADBE, -0.88% slid 0.88% to $331.15 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX, -1.44% falling 1.44% to 3,941.26 and Dow Jones Industrial Average DJIA, -1.03% falling 1.03% to 33,596.34. This was the stock’s fourth consecutive day of losses. Adobe Inc. closed $344.06 below its 52-week high ($675.21), which the company reached on December 13th.
Despite its losses, the stock outperformed some of its competitors Tuesday, as Apple Inc. AAPL, -2.54% fell 2.54% to $142.91, Microsoft Corp. MSFT, -2.03% fell 2.03% to $245.12, and Alphabet Inc. Cl C GOOG, -2.56% fell 2.56% to $97.31.true Trading volume (2.2 M) remained 1.6 million below its 50-day average volume of 3.8 M.