Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Synopsys Inc. Stock Climbs 12.8%, Outperforms Peers

Synopsys Inc. Stock Climbs 12.8%, Outperforms Peers

Dow JonesDow Jones2026/10/01 20:33

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Synopsys Inc. jumped 12.8% to $490.54 on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.2% to 7,666.45 and the Dow Jones Industrial Average remaining mostly unchanged at 50,926.56.

This was the stock's second consecutive day of gains.

Synopsys Inc. closed 9.1% below its 52-week high of $539.48, which the company reached on May 26th.

The stock outperformed some of its peers, as Applied Materials Inc. rose 3.5% to $529.30, Lam Research Corp. rose 3.5% to $340.10, and Autodesk Inc. rose 1.11% to $211.31.

Trading volume totaled 6.3 million, compared to the 50-day average of 1.9 million.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

October 01, 2026 16:33 ET (20:33 GMT)

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

The AI arms race extends upstream! Reports say Intel, Nvidia, and AMD are prepaying over 100 billions NTD to secure advanced IC substrate production capacity.

NVIDIA, Intel, and AMD have collectively spent $5 billion in advance payments to aggressively secure high-end IC substrates from Taiwan. Driven by "big money for guaranteed orders," the top three Taiwanese substrate manufacturers have invested a record NT$161.2 billion to expand their production capacity. The tech giants' substantial financial commitments to secure supply chains highlight the intense competition and extreme scarcity of core AI materials.

华尔街见闻•2026/10/24 11:11
The AI arms race extends upstream! Reports say Intel, Nvidia, and AMD are prepaying over 100 billions NTD to secure advanced IC substrate production capacity.

S&P rewrites stock classification rules! $375 billions in funds may be forced to rebalance, major reshuffle for growth and value stocks

After S&P Dow Jones Indices adopts new stock classification rules, growth stocks and value stocks will undergo a reshuffling.

智通财经•2026/10/24 06:31
S&P rewrites stock classification rules! $375 billions in funds may be forced to rebalance, major reshuffle for growth and value stocks