Why Synopsys (SNPS) Outpaced the Stock Market Today
SNPSSynopsys(SNPS) ZACKS·2024-07-27 06:52

Synopsys (SNPS) closed at $546.38 in the latest trading session, marking a +1.42% move from the prior day. The stock outperformed the S&P 500, which registered a daily gain of 1.11%. Meanwhile, the Dow gained 1.64%, and the Nasdaq, a tech-heavy index, added 1.03%.The the stock of maker of software used to test and develop chips has fallen by 9.46% in the past month, lagging the Computer and Technology sector's loss of 5.32% and the S&P 500's loss of 1.16%.The upcoming earnings release of Synopsys will be of ...