PTC Inc stock rises 7.96% and outperforms competitors

12 articles · Updated · MarketWatch · May 7

Shares closed at $147.65 on Thursday, snapping a two-day losing streak as trading volume jumped to 3.2 million from a 50-day average of 1.2 million.
The gain came despite a broader market decline, with the S&P 500 down 0.38% and the Dow Jones Industrial Average falling 0.63%.
PTC still ended 32.79% below its 52-week high of $219.69 reached on July 31, while topping Autodesk, Synopsys and Cadence Design Systems on the day.

PTC's stock is soaring on its new AI strategy, but why are company insiders selling their shares?

After selling its IoT divisions, can PTC's singular bet on AI truly propel its stock back to its former peak?

PTC promises an AI revolution in product design. Is this a genuine technological leap or just clever marketing?