Shares of Synopsys Inc.
rose 2.88% to $304.83 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index
rising 1.71% to 4,438.26 and the Dow Jones Industrial Average
rising 1.56% to 34,912.56. This was the stock's third consecutive day of gains. Synopsys Inc. closed $35.83 below its 52-week high ($340.66), which the company reached on September 3rd.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Intel Corp.
rose 3.14% to $53.90, Autodesk Inc.
rose 2.02% to $289.17, and Cadence Design Systems Inc.
rose 2.50% to $157.33. Trading volume (598,920) remained 102,573 below its 50-day average volume of 701,493.