DJ Synopsys Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Synopsys Inc. $(SNPS)$ advanced 6.66% to $529.21 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.16% to 5,832.92 and the Dow Jones Industrial Average falling 0.36% to 42,233.05.
Synopsys Inc. closed $100.17 below its 52-week high ($629.38), which the company reached on February 22nd.
The stock outperformed some of its competitors Tuesday, as Applied Materials Inc. $(AMAT)$ rose 2.58% to $190.12, Lam Research Corp. $(LRCX)$ rose 3.79% to $78.31, and Autodesk Inc. $(ADSK)$ rose 1.10% to $289.66.
Trading volume (1.3 M) eclipsed its 50-day average volume of 1.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 29, 2024.
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(END) Dow Jones Newswires
October 29, 2024 16:47 ET (20:47 GMT)
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