Synopsys Inc. Stock Outperforms Competitors On Strong Trading Day

Dow Jones01-23

DJ Synopsys Inc. Stock Outperforms Competitors On Strong Trading Day

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Synopsys Inc. $(SNPS)$ rose 2.82% to $544.70 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.61% to 6,086.37 and the Dow Jones Industrial Average rising 0.30% to 44,156.73.

This was the stock's sixth consecutive day of gains.

Synopsys Inc. closed 13.45% below its 52-week high of $629.38, which the company reached on February 22nd.

The stock outperformed some of its competitors Wednesday, as Applied Materials Inc. $(AMAT)$ rose 1.37% to $195.51, Lam Research Corp. $(LRCX)$ rose 2.15% to $83.25, and Autodesk Inc. $(ADSK)$ rose 1.53% to $301.45.

Trading volume (1.1 M) remained 19,126 below its 50-day average volume of 1.1 M.

Data source: Dow Jones Market Data, FactSet. Data compiled January 22, 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

January 22, 2025 16:41 ET (21:41 GMT)

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

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