Cathie Wood Just Bought the Dip in Synopsys Stock. Should You?

Synopsys (SNPS) shares collapsed nearly 36% on Sept. 10 — the worst one-day drop since the company went public — after the firm reported third-quarter results the day prior. The company's Q3 results missed expectations and included weak guidance for the coming period. Investors’ concerns also rose as Synopsys cautioned that U.S. export restrictions are driving a slowdown in China, the biggest semiconductor market. While design automation saw an improvement during the period, that wasn’t enough to outweigh ...