DJ Synopsys Inc. Stock Underperforms Tuesday When Compared To Competitors Despite Daily Gains
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Shares of Synopsys Inc. $(SNPS)$ rallied 3.26% to $508.35 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.13% to 7,609.78 and the Dow Jones Industrial Average rising 0.45% to 51,307.79.
This was the stock's second consecutive day of gains.
Synopsys Inc. closed 22.00% short of its 52-week high of $651.73, which the company reached on July 30th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Applied Materials Inc. $(AMAT)$ rose 6.96% to $490.05, Lam Research Corp. $(LRCX)$ rose 5.45% to $334.41, and Autodesk Inc. $(ADSK)$ fell 4.63% to $236.66.
Data source: Dow Jones Market Data, FactSet. Data compiled June 2, 2026.
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(END) Dow Jones Newswires
June 02, 2026 16:40 ET (20:40 GMT)
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