Synopsys Inc. Stock Outperforms Competitors Despite Losses On The Day

Dow Jones02-08 05:42

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. $(SNPS)$ shed 1.38% to $525.82 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.95% to 6,025.99 and Dow Jones Industrial Average falling 0.99% to 44,303.40.

The stock's fall snapped a three-day winning streak.

Synopsys Inc. closed 16.45% below 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 Friday, as Applied Materials Inc. $(AMAT)$ fell 1.53% to $180.00, Lam Research Corp. $(LRCX)$ fell 0.60% to $82.33, and Autodesk Inc. $(ADSK)$ fell 2.13% to $301.15.

Trading volume (702,946) remained 453,215 below its 50-day average volume of 1.2 M.

Data source: Dow Jones Market Data, FactSet. Data compiled February 7, 2025.

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

February 07, 2025 16:42 ET (21:42 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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