Synopsys Inc. Stock Outperforms Competitors Despite Losses On The Day

Dow Jones2024-12-31

DJ Synopsys Inc. Stock Outperforms Competitors Despite Losses On The Day

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Synopsys Inc. $(SNPS)$ slipped 0.85% to $486.74 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.07% to 5,906.94 and Dow Jones Industrial Average falling 0.97% to 42,573.73.

This was the stock's third consecutive day of losses.

Synopsys Inc. closed $142.64 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. $(AMAT)$ fell 1.91% to $163.64, Lam Research Corp. $(LRCX)$ fell 1.70% to $72.15, and Autodesk Inc. $(ADSK)$ fell 0.02% to $297.53.

Trading volume (657,005) remained 412,201 below its 50-day average volume of 1.1 M.

Data source: Dow Jones Market Data, FactSet. Data compiled December 30, 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

December 30, 2024 16:47 ET (21:47 GMT)

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

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Stock Outperforms Competitors Despite Losses On The Day\n</p>\n<p>\n  This article was automatically generated by MarketWatch using technology from Automated Insights. \n</p>\n<p>\n     Shares of Synopsys Inc. <a href=\"https://laohu8.com/S/SNPS\">$(SNPS)$</a> slipped 0.85% to $486.74 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&amp;P 500 Index  falling 1.07% to 5,906.94 and Dow Jones Industrial Average  falling 0.97% to 42,573.73. \n</p>\n<p>\n     This was the stock's third consecutive day of losses. \n</p>\n<p>\n     Synopsys Inc. closed $142.64 below its 52-week high ($629.38), which the company reached on February 22nd. \n</p>\n<p>\n     The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Applied Materials Inc. <a href=\"https://laohu8.com/S/AMAT\">$(AMAT)$</a> fell 1.91% to $163.64, Lam Research Corp. <a href=\"https://laohu8.com/S/LRCX\">$(LRCX)$</a> fell 1.70% to $72.15, and Autodesk Inc. <a href=\"https://laohu8.com/S/ADSK\">$(ADSK)$</a> fell 0.02% to $297.53. \n</p>\n<p>\n     Trading volume (657,005) remained 412,201 below its 50-day average volume of 1.1 M. \n</p>\n<p>\n     Data source: Dow Jones Market Data, FactSet. 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