This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Synopsys Inc. shed 4.6% to $500.98 on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.2% to 6,144.15 and the Dow Jones Industrial Average rising 0.2% to 44,627.59.
Synopsys Inc. closed 20.4% short of its 52-week high of $629.38, which the company reached on February 22nd.
The stock underperformed when compared to some of its competitors, as Applied Materials Inc. rose 1.2% to $174.06, Lam Research Corp. rose 1.2% to $87.66, and Autodesk Inc. rose 1.15% to $299.06.
Trading volume totaled 2.4 million, compared to the 50-day average of 1.2 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
February 19, 2025 16:35 ET (21:35 GMT)
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