DJ Synopsys Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Synopsys Inc. $(SNPS)$ advanced 1.41% to $541.56 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index remaining mostly unchanged at 5,917.11 and the Dow Jones Industrial Average rising 0.32% to 43,408.47.
This was the stock's third consecutive day of gains.
Synopsys Inc. closed $87.82 below its 52-week high ($629.38), which the company achieved on February 22nd.
The stock outperformed some of its competitors Wednesday, as Applied Materials Inc. $(AMAT)$ rose 0.70% to $170.49, Lam Research Corp. $(LRCX)$ fell 0.17% to $70.05, and Autodesk Inc. $(ADSK)$ rose 0.87% to $307.84.
Trading volume (715,837) remained 239,643 below its 50-day average volume of 955,480.
Data source: Dow Jones Market Data, FactSet. Data compiled November 20, 2024.
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November 20, 2024 16:46 ET (21:46 GMT)
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