Why Is Synopsys Stock Falling on Friday?
Synopsys, Inc. (NASDAQ: SNPS) stock fell on Friday amid a broader tech sell-off, despite a new Buy rating and price forecast from Benchmark. Read the details.
Synopsys stock went down on Friday even though an analyst gave it a thumbs-up, because many tech companies were selling at the same time. When the whole group moves together, one company's good news might not be enough to swim against the tide.
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.