DJ Synopsys Inc. Stock Underperforms Thursday When Compared To Competitors
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Shares of Synopsys Inc. $(SNPS)$ slid 0.87% to $495.82 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.07% to 43,325.80 and the S&P 500 Index falling 0.04% to 6,037.59.
The stock's fall snapped a two-day winning streak.
Synopsys Inc. closed $133.56 below its 52-week high ($629.38), which the company achieved on February 22nd.
The stock underperformed when compared to some of its competitors Thursday, as Applied Materials Inc. $(AMAT)$ fell 0.49% to $167.55, Lam Research Corp. $(LRCX)$ rose 0.22% to $73.99, and Autodesk Inc. $(ADSK)$ fell 0.32% to $300.28.
Trading volume (541,908) remained 566,469 below its 50-day average volume of 1.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 26, 2024.
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(END) Dow Jones Newswires
December 26, 2024 16:48 ET (21:48 GMT)
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