Shares of Adobe Inc. ADBE, 0.15% inched 0.80% higher to $605.01 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX, 0.52% falling 0.35% to 4,369.21 and Dow Jones Industrial Average DJIA, 0.40% falling 0.31% to 34,888.79. The stock’s rise snapped a two-day losing streak. Adobe Inc. closed $2.66 below its 52-week high ($607.67), which the company achieved on July 7th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Microsoft Corp. MSFT, 0.33% rose 1.32% to $280.98, Salesforce.com Inc. CRM, 0.00% rose 0.46% to $244.02, and SAP SE ADR SAP, -0.10% rose 0.43% to $149.60. Trading volume (1.4 M) remained 681,895 below its 50-day average volume of 2.1 M.