DJ Synopsys Inc. Stock Underperforms Wednesday When Compared To Competitors Despite Daily Gains
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Shares of Synopsys Inc. $(SNPS)$ rallied 1.48% to $480.54 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.43% to 5,631.28 and the Dow Jones Industrial Average rising 0.70% to 41,113.97.
Synopsys Inc. closed 23.09% below its 52-week high of $624.80, which the company reached on July 11th.
The stock underperformed when compared to some of its competitors Wednesday, as Applied Materials Inc. $(AMAT)$ rose 1.82% to $155.81, Lam Research Corp. $(LRCX)$ rose 2.60% to $75.06, and Autodesk Inc. $(ADSK)$ rose 1.69% to $283.36.
Trading volume (894,761) remained 518,399 below its 50-day average volume of 1.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 7, 2025.
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May 07, 2025 16:44 ET (20:44 GMT)
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