DJ Synopsys Inc. Stock Rises Monday, Still Underperforms Market
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Shares of Synopsys Inc. $(SNPS)$ inched 0.08% higher to $492.58 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.73% to 5,974.07 and the Dow Jones Industrial Average rising 0.16% to 42,906.95.
The stock's rise snapped a four-day losing streak.
Synopsys Inc. closed $136.80 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. $(AMAT)$ rose 2.37% to $167.46, Lam Research Corp. $(LRCX)$ rose 2.80% to $73.80, and Autodesk Inc. $(ADSK)$ fell 0.21% to $297.49.
Data source: Dow Jones Market Data, FactSet. Data compiled December 23, 2024.
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(END) Dow Jones Newswires
December 23, 2024 16:47 ET (21:47 GMT)
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