DJ Synopsys Inc. Stock Underperforms Monday When Compared To Competitors Despite Daily Gains
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Shares of Synopsys Inc. $(SNPS)$ advanced 1.05% to $531.33 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.67% to 6,066.44 and the Dow Jones Industrial Average rising 0.38% to 44,470.41.
Synopsys Inc. closed 15.58% 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 Monday, as Applied Materials Inc. $(AMAT)$ rose 2.03% to $183.66, Lam Research Corp. $(LRCX)$ rose 1.70% to $83.73, and Autodesk Inc. $(ADSK)$ rose 1.28% to $304.99.
Trading volume (767,527) remained 384,700 below its 50-day average volume of 1.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 10, 2025.
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February 10, 2025 16:42 ET (21:42 GMT)
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