Synopsys stock slips today as SNPS faces lawsuit deadline in thin year-end trade
Synopsys shares fell 0.6% to $475.91 in late-afternoon New York trading as investors eyed a Tuesday deadline to seek lead-plaintiff status in a securities class action. The stock tracked a muted tech sector, with Cadence down 0.4% and SOXX flat. The lawsuit alleges misleading statements about Synopsys’ Design IP business. Year-end liquidity remained thin ahead of the Fed minutes release.