Synopsys stock price steadies near $419 after 8% slide as AI disruption fears linger
Synopsys shares closed nearly flat at $418.98 Wednesday after plunging 8.46% the previous day amid a broad tech selloff. Trading volume surged to 5.1 million shares as software stocks faced pressure from AI competition concerns. Rival Cadence Design Systems rose 1.09%. Synopsys reports quarterly earnings Feb. 25.