DJ Synopsys Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Synopsys Inc. $(SNPS)$ slipped 5.03% to $520.75 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.32% to 5,870.62 and Dow Jones Industrial Average falling 0.70% to 43,444.99.
This was the stock's second consecutive day of losses.
Synopsys Inc. closed $108.63 short of 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 Friday, as Applied Materials Inc. $(AMAT)$ fell 9.20% to $168.88, Lam Research Corp. $(LRCX)$ fell 6.34% to $70.05, and Autodesk Inc. $(ADSK)$ fell 2.45% to $299.15.
Trading volume (1.0 M) eclipsed its 50-day average volume of 987,188.
Data source: Dow Jones Market Data, FactSet. Data compiled November 15, 2024.
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(END) Dow Jones Newswires
November 15, 2024 16:45 ET (21:45 GMT)
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