DJ Synopsys Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Synopsys Inc. $(SNPS)$ slid 2.74% to $501.46 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.
This was the stock's second consecutive day of losses.
Synopsys Inc. closed 19.74% short of its 52-week high of $624.80, which the company achieved on July 11th.
The stock underperformed when compared to some of its competitors Wednesday, as Applied Materials Inc. $(AMAT)$ fell 2.11% to $162.23, Lam Research Corp. $(LRCX)$ fell 1.78% to $82.79, and Autodesk Inc. $(ADSK)$ fell 0.98% to $292.93.
Trading volume (865,560) remained 392,611 below its 50-day average volume of 1.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 21, 2025.
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May 21, 2025 16:43 ET (20:43 GMT)
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