Synopsys (SNPS) Stock Sinks As Market Gains: Here's Why

The latest trading session saw Synopsys (SNPS) ending at $494.40, denoting a -0.81% adjustment from its last day's close. The stock's performance was behind the S&P 500's daily gain of 0.08%. On the other hand, the Dow registered a loss of 0.31%, and the technology-centric Nasdaq increased by 0.02%.The the stock of maker of software used to test and develop chips has fallen by 9.61% in the past month, lagging the Computer and Technology sector's gain of 2.68% and the S&P 500's gain of 3.52%.The upcoming ear ...