DJ Synopsys Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Synopsys Inc. $(SNPS)$ slumped 0.94% to $556.26 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.10% to 6,001.35 and the Dow Jones Industrial Average rising 0.69% to 44,293.13.
This was the stock's second consecutive day of losses.
Synopsys Inc. closed $73.12 below its 52-week high ($629.38), which the company reached on February 22nd.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Applied Materials Inc. $(AMAT)$ fell 1.81% to $188.56, Lam Research Corp. $(LRCX)$ fell 2.60% to $76.17, and Autodesk Inc. $(ADSK)$ rose 2.73% to $313.89.
Trading volume (604,124) remained 468,463 below its 50-day average volume of 1.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 11, 2024.
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(END) Dow Jones Newswires
November 11, 2024 16:45 ET (21:45 GMT)
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