DJ PTC Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of PTC Inc. (PTC) shed 2.37% to $169.13 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.61% to 5,844.61 and Dow Jones Industrial Average falling 1.91% to 41,860.44.
PTC Inc. closed 16.72% below its 52-week high of $203.09, which the company reached on December 12th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Autodesk Inc. $(ADSK)$ fell 0.98% to $292.93, Synopsys Inc. $(SNPS)$ fell 2.74% to $501.46, and Cadence Design Systems Inc. $(CDNS)$ fell 0.94% to $317.55.
Trading volume (709,924) remained 246,946 below its 50-day average volume of 956,870.
Data source: Dow Jones Market Data, FactSet. Data compiled May 21, 2025.
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May 21, 2025 17:07 ET (21:07 GMT)
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