Synopsys Inc. stock falls Thursday, underperforms market
Shares of Synopsys Inc. SNPS, -1.67% slid 1.67% to $543.23 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, +0.38% rising 0.38% to 4,567.80 and the Dow Jones Industrial Average DJIA, +1.47% rising 1.47% to 35,950.89.
The stock's fall snapped a five-day winning streak.
Synopsys Inc. closed $13.77 below its 52-week high ($557.00), which the company reached on November 29th.
The stock underperformed when compared to some of its competitors Thursday, as Applied Materials Inc. AMAT, +0.28% rose 0.28% to $149.78, Lam Research Corp. LRCX, +0.27% rose 0.27% to $715.92, and Autodesk Inc. ADSK, +2.14% rose 2.14% to $218.43.
Trading volume (2.2 M) eclipsed its 50-day average volume of 774,861.
Editor's Note: This story was auto-generated by Automated Insights , an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.
