Shares of Synopsys Inc. SNPS, +0.34% inched 0.34% higher to $460.45 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, +0.18% rising 0.18% to 4,515.77 and the Dow Jones Industrial Average DJIA, +0.33% rising 0.33% to 34,837.71.
This was the stock’s sixth consecutive day of gains.
Synopsys Inc. closed $7.58 short of its 52-week high ($468.03), which the company achieved on May 30th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Applied Materials Inc. AMAT, +0.81% rose 0.81% to $153.99, Lam Research Corp. LRCX, -0.06% fell 0.06% to $701.96, and Autodesk Inc. ADSK, -0.87% fell 0.87% to $220.02.
Trading volume (471,066) remained 385,180 below its 50-day average volume of 856,246.