Shares of Synopsys Inc. /zigman2/quotes/208349984/composite SNPS +2.66% rose 5.32% to $275.99 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX +3.06% rising 2.39% to 4,023.89 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +2.68% rising 1.47% to 32,196.66. This was the stock's second consecutive day of gains. Synopsys Inc. closed $101.61 short of its 52-week high ($377.60), which the company reached on December 28th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Intel Corp. /zigman2/quotes/203649727/composite INTC +3.21% rose 1.77% to $43.60, Autodesk Inc. /zigman2/quotes/209828392/composite ADSK +4.95% rose 6.50% to $197.07, and Cadence Design Systems Inc. /zigman2/quotes/207095682/composite CDNS +4.34% rose 4.87% to $142.44. Trading volume (917,603) remained 96,931 below its 50-day average volume of 1.0 M.