DJ Synopsys Inc. Stock Underperforms Thursday When Compared To Competitors
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Shares of Synopsys Inc. $(SNPS)$ slid 1.15% to $494.99 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.38% to 6,045.26 and the Dow Jones Industrial Average rising 0.24% to 42,967.62.
This was the stock's second consecutive day of losses.
Synopsys Inc. closed 20.78% short of its 52-week high of $624.80, which the company achieved on July 11th.
The stock underperformed when compared to some of its competitors Thursday, as Applied Materials Inc. $(AMAT)$ rose 1.28% to $175.00, Lam Research Corp. $(LRCX)$ rose 0.78% to $91.66, and Autodesk Inc. $(ADSK)$ rose 0.61% to $298.57.
Trading volume (867,642) remained 522,492 below its 50-day average volume of 1.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 12, 2025.
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June 12, 2025 16:42 ET (20:42 GMT)
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