Synopsys Inc. Stock Outperforms Competitors On Strong Trading Day

Dow Jones11-08 05:45

DJ Synopsys Inc. Stock Outperforms Competitors On Strong Trading Day

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Synopsys Inc. $(SNPS)$ rallied 3.70% to $573.59 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.74% to 5,973.10 and the Dow Jones Industrial Average remaining mostly unchanged at 43,729.34.

This was the stock's second consecutive day of gains.

Synopsys Inc. closed $55.79 below its 52-week high ($629.38), which the company reached on February 22nd.

The stock outperformed some of its competitors Thursday, as Applied Materials Inc. $(AMAT)$ rose 3.50% to $194.09, Lam Research Corp. $(LRCX)$ rose 3.16% to $79.21, and Autodesk Inc. $(ADSK)$ rose 1.05% to $305.51.

Trading volume (1.1 M) eclipsed its 50-day average volume of 1.1 M.

Data source: Dow Jones Market Data, FactSet. Data compiled November 7, 2024.

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

November 07, 2024 16:45 ET (21:45 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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