Shares of Synopsys Inc. /zigman2/quotes/208349984/composite SNPS -2.10% advanced 1.69% to $295.16 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX -0.07% falling 0.38% to 3,735.48 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -0.31% falling 0.50% to 30,364.83. The stock's rise snapped a four-day losing streak. Synopsys Inc. closed $82.44 short of its 52-week high ($377.60), which the company achieved on December 28th.
The stock outperformed some of its competitors Tuesday, as Intel Corp. /zigman2/quotes/203649727/composite INTC +0.85% rose 0.42% to $37.93, Autodesk Inc. /zigman2/quotes/209828392/composite ADSK +0.15% fell 0.87% to $171.59, and Cadence Design Systems Inc. /zigman2/quotes/207095682/composite CDNS -0.07% rose 1.22% to $143.39. Trading volume (815,312) remained 174,503 below its 50-day average volume of 989,815.