Shares of Adobe Inc. ADBE, +2.20% rose 2.20% to $521.13 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index SPX, +0.01% rising 0.01% to 4,288.39 and the Dow Jones Industrial Average DJIA, -0.22% falling 0.22% to 33,433.35.
This was the stock’s third consecutive day of gains.
Adobe Inc. closed $49.11 below its 52-week high ($570.24), which the company reached on September 8th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Apple Inc. AAPL, +1.48% rose 1.48% to $173.75, Microsoft Corp. MSFT, +1.92% rose 1.92% to $321.80, and Alphabet Inc. Cl C GOOG, +2.52% rose 2.52% to $135.17.
Trading volume (2.4 M) remained 385,806 below its 50-day average volume of 2.8 M.