DJ PTC Inc. Stock Underperforms Friday When Compared To Competitors
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Shares of PTC Inc. (PTC) slipped 2.48% to $161.65 Friday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.71% to 6,013.13 and Dow Jones Industrial Average falling 1.69% to 43,428.02.
This was the stock's fourth consecutive day of losses.
PTC Inc. closed 20.40% below its 52-week high of $203.09, which the company achieved on December 12th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Autodesk Inc. $(ADSK)$ fell 2.07% to $285.00, Synopsys Inc. $(SNPS)$ fell 3.87% to $474.84, and Cadence Design Systems Inc. $(CDNS)$ fell 4.40% to $258.34.
Trading volume (902,424) remained 89,283 below its 50-day average volume of 991,707.
Data source: Dow Jones Market Data, FactSet. Data compiled February 21, 2025.
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(END) Dow Jones Newswires
February 21, 2025 17:08 ET (22:08 GMT)
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