PTC Inc. Stock Slips 6.0%, Underperforms Market

Dow Jones09-05

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

Shares of PTC Inc. slipped 6.0% to $141.02 on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.4% to 7,718.60 and Dow Jones Industrial Average falling 0.5% to 53,414.25.

PTC Inc. closed 34.6% below its 52-week high of $215.49, which the company reached on September 5th.

The stock demonstrated a mixed performance when compared to some of its peers, as Autodesk Inc. fell 8.3% to $217.90, Synopsys Inc. fell 5.4% to $393.84, and Cadence Design Systems Inc. fell 3.99% to $292.70.

Trading volume totaled 2.0 million, compared to the 50-day average of 1.5 million.

Data source: Dow Jones Market Data, FactSet

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