Published on 24 Jan 2023 on Market Watch
Shares of Adobe Inc. ADBE rose 2.41% to $364.98 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX rising 1.19% to 4,019.81 and the Dow Jones Industrial Average DJIA rising 0.76% to 33,629.56. This was the stock's third consecutive day of gains. Adobe Inc. closed $175.48 short of its 52-week high ($540.46), which the company reached on February 2nd.
The stock outperformed some of its competitors Monday, as Apple Inc. AAPL rose 2.35% to $141.11, Microsoft Corp....