Synopsys stock extends slide as AI-spending jitters hit software — what to watch next
Synopsys shares fell 2% to $410.44 Thursday, marking a sixth straight decline amid a broader tech selloff. About 3.8 million shares changed hands as investors pulled back from software stocks over concerns about AI spending returns. The stock now trades nearly 37% below its 52-week high. Synopsys reports earnings Feb. 25.