DJ Synopsys Inc. Stock Underperforms Monday When Compared To Competitors
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Shares of Synopsys Inc. $(SNPS)$ slid 4.66% to $429.85 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 2.70% to 5,614.56 and Dow Jones Industrial Average falling 2.08% to 41,911.71.
Synopsys Inc. closed 31.20% 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 3.65% to $149.99, Lam Research Corp. $(LRCX)$ fell 6.58% to $73.81, and Autodesk Inc. $(ADSK)$ fell 4.37% to $248.40.
Trading volume (1.7 M) eclipsed its 50-day average volume of 1.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 10, 2025.
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March 10, 2025 16:43 ET (20:43 GMT)
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