Here's Why Adobe Systems (ADBE) Fell More Than Broader Market

In the latest trading session, Adobe Systems (ADBE) closed at $601.89, marking a -1.63% move from the previous day. The stock fell short of the S&P 500, which registered a loss of 1.37% for the day. Meanwhile, the Dow experienced a drop of 1.35%, and the technology-dominated Nasdaq saw a decrease of 1.8%.Shares of the software maker witnessed a gain of 2.56% over the previous month, trailing the performance of the Computer and Technology sector with its gain of 8.88% and the S&P 500's gain of 5.1%.Investors ...