Synopsys stock rises but underperforms competitors

11 articles · Updated · MarketWatch · May 8

Shares climbed 2.23% to $516.48 in a broadly higher US market, while Applied Materials gained 6.04%, Lam Research rose 2.63% and Autodesk fell 2.61%.
The advance marked Synopsys's seventh straight daily gain, as the S&P 500 rose 0.84% to 7,398.93 and the Dow Jones Industrial Average edged up 0.02%.
Despite the recent rally, the stock remains 20.75% below its 52-week high of $651.73, reached on 30 July.

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