Synopsys Inc. Stock Outperforms Competitors On Strong Trading Day

Dow Jones11-05

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 1.18% to $524.52 Monday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.28% to 5,712.69 and Dow Jones Industrial Average falling 0.61% to 41,794.60.

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

Synopsys Inc. closed $104.86 short of its 52-week high ($629.38), which the company achieved on February 22nd.

The stock outperformed some of its competitors Monday, as Applied Materials Inc. $(AMAT)$ fell 0.85% to $181.82, Lam Research Corp. $(LRCX)$ fell 0.84% to $74.17, and Autodesk Inc. $(ADSK)$ rose 0.37% to $287.62.

Trading volume (582,401) remained 507,996 below its 50-day average volume of 1.1 M.

Data source: Dow Jones Market Data, FactSet. Data compiled November 4, 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 04, 2024 16:46 ET (21:46 GMT)

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

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