DJ Synopsys Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Synopsys Inc. $(SNPS)$ advanced 2.04% to $457.77 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.76% to 5,767.57 and the Dow Jones Industrial Average rising 1.42% to 42,583.32.
The stock's rise snapped a two-day losing streak.
Synopsys Inc. closed 26.73% 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. $(AMAT)$ rose 1.86% to $154.95, Lam Research Corp. $(LRCX)$ rose 2.83% to $77.99, and Autodesk Inc. $(ADSK)$ rose 0.73% to $269.19.
Trading volume (974,007) remained 311,933 below its 50-day average volume of 1.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 24, 2025.
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March 24, 2025 16:44 ET (20:44 GMT)
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