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Here's Why Adobe Systems (ADBE) Gained But Lagged the Market Today
ADBEAdobe(ADBE) ZACKS·2024-08-13 22:45

In the latest market close, Adobe Systems (ADBE) reached $535.22, with a +0.81% movement compared to the previous day. The stock fell short of the S&P 500, which registered a gain of 1.69% for the day. At the same time, the Dow added 1.04%, and the tech-heavy Nasdaq gained 2.43%.Heading into today, shares of the software maker had lost 6.15% over the past month, outpacing the Computer and Technology sector's loss of 9.75% and lagging the S&P 500's loss of 4.78% in that time.Investors will be eagerly watchin ...