DJ Synopsys Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Synopsys Inc. $(SNPS)$ slipped 1.09% to $522.53 Friday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.01% to 6,114.63 and Dow Jones Industrial Average falling 0.37% to 44,546.08.
Synopsys Inc. closed 16.98% short of its 52-week high of $629.38, which the company reached on February 22nd.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Applied Materials Inc. $(AMAT)$ fell 8.18% to $169.20, Lam Research Corp. $(LRCX)$ fell 0.66% to $82.75, and Autodesk Inc. $(ADSK)$ fell 0.25% to $302.72.
Trading volume (942,204) remained 213,490 below its 50-day average volume of 1.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 14, 2025.
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(END) Dow Jones Newswires
February 14, 2025 16:41 ET (21:41 GMT)
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