Synopsys Inc. Stock Outperforms Competitors On Strong Trading Day

Dow Jones11-14

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. $(SNPS)$ inched 0.81% higher to $557.96 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.02% to 5,985.38 and the Dow Jones Industrial Average rising 0.11% to 43,958.19.

The stock's rise snapped a three-day losing streak.

Synopsys Inc. closed $71.42 short of its 52-week high ($629.38), which the company achieved on February 22nd.

The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Applied Materials Inc. $(AMAT)$ fell 2.05% to $182.79, Lam Research Corp. $(LRCX)$ fell 2.44% to $73.85, and Autodesk Inc. $(ADSK)$ rose 1.10% to $313.14.

Trading volume (624,303) remained 396,880 below its 50-day average volume of 1.0 M.

Data source: Dow Jones Market Data, FactSet. Data compiled November 13, 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 13, 2024 16:45 ET (21:45 GMT)

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

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