Synopsys shares see marginal gains amid market uptick By Investing.com

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<p>Shares of Synopsys (NASDAQ:) Inc. experienced a slight increase of 0.04%, closing at $468.03 per piece on Tuesday, in line with a broader market upswing that saw both the and the rise by 0.73% and 0.62%, respectively. This increment marked a second day of consecutive gains for the software company, although it still trailed $34.63 behind its annual peak of $502.66 reached on October 12, 2023.</p>
<p>In comparison to its rivals such as Applied Materials Inc (NASDAQ:). and <span itemscope="" itemtype="http://schema.org/Corporation"><span itemprop="name"> Lam Research Corp </span></span> (NASDAQ:)., Synopsys&#8217; growth was less substantial, indicating a more modest performance within the sector.</p>
<p>Trading volume for Synopsys on Tuesday tallied at 637,096, which is below the average volume recorded over the prior 50 days, suggesting a lower level of trading activity for the company&#8217;s shares. Despite this relative quietude in trading activity, the firm has managed to maintain a steady upward trajectory in a buoyant market environment.</p>
<p><em>This article was generated with the support of AI and reviewed by an editor. For more information see our T&amp;C.</em></p>
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<br /><a href="https://www.investing.com/news/stock-market-news/synopsys-shares-see-marginal-gains-amid-market-uptick-93CH-3207783">Source link </a></p><p>The post <a href="https://forextraderhub.com/synopsys-shares-see-marginal-gains-amid-market-uptick-by-investing-com.html">Synopsys shares see marginal gains amid market uptick By Investing.com</a> first appeared on <a href="https://forextraderhub.com">Forex Trader Hub</a>.</p>