DJ Synopsys Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Synopsys Inc. $(SNPS)$ slid 1.00% to $470.08 Monday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.08% to 43,461.21 and the S&P 500 Index falling 0.50% to 5,983.25.
This was the stock's fourth consecutive day of losses.
Synopsys Inc. closed 24.76% below its 52-week high of $624.80, which the company achieved on July 11th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Applied Materials Inc. $(AMAT)$ fell 1.98% to $168.57, Lam Research Corp. $(LRCX)$ fell 3.12% to $83.34, and Autodesk Inc. $(ADSK)$ rose 0.09% to $285.26.
Trading volume (1.2 M) eclipsed its 50-day average volume of 1.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 24, 2025.
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February 24, 2025 16:43 ET (21:43 GMT)
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