DJ Synopsys Inc. Stock Underperforms Thursday When Compared To Competitors Despite Daily Gains
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Shares of Synopsys Inc. $(SNPS)$ rallied 2.66% to $526.36 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.53% to 6,071.17 and the Dow Jones Industrial Average rising 0.38% to 44,882.13.
Synopsys Inc. closed 16.37% short of its 52-week high of $629.38, which the company reached on February 22nd.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Applied Materials Inc. $(AMAT)$ rose 3.67% to $181.72, Lam Research Corp. $(LRCX)$ rose 7.43% to $80.73, and Autodesk Inc. $(ADSK)$ rose 1.90% to $309.95.
Data source: Dow Jones Market Data, FactSet. Data compiled January 30, 2025.
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(END) Dow Jones Newswires
January 30, 2025 16:41 ET (21:41 GMT)
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