DJ Synopsys Inc. Stock Underperforms Monday When Compared To Competitors
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Shares of Synopsys Inc. $(SNPS)$ slid 2.65% to $402.36 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 2.36% to 5,158.20 and Dow Jones Industrial Average falling 2.48% to 38,170.41.
This was the stock's third consecutive day of losses.
Synopsys Inc. closed 35.60% short of its 52-week high of $624.80, which the company reached on July 11th.
The stock underperformed when compared to some of its competitors Monday, as Applied Materials Inc. $(AMAT)$ fell 1.39% to $135.56, Lam Research Corp. $(LRCX)$ fell 2.15% to $62.39, and Autodesk Inc. $(ADSK)$ fell 2.00% to $254.27.
Trading volume (901,250) remained 510,308 below its 50-day average volume of 1.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 21, 2025.
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(END) Dow Jones Newswires
April 21, 2025 16:43 ET (20:43 GMT)
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