DJ Ansys Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Ansys Inc. $(ANSS)$ slid 2.73% to $333.70 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 2.95% to 5,872.16 and Dow Jones Industrial Average falling 2.58% to 42,326.87.
The stock's fall snapped a two-day winning streak.
Ansys Inc. closed $30.61 short of its 52-week high ($364.31), which the company achieved on December 29th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Microsoft Corp. $(MSFT)$ fell 3.76% to $437.39, Oracle Corp. $(ORCL)$ fell 2.53% to $165.41, and International Business Machines Corp. $(IBM)$ fell 3.84% to $220.17.
Trading volume (510,382) eclipsed its 50-day average volume of 467,700.
Data source: Dow Jones Market Data, FactSet. Data compiled December 18, 2024.
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(END) Dow Jones Newswires
December 18, 2024 17:02 ET (22:02 GMT)
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