Synopsys stock climbs into weekend on chip rally; insider sale filing in focus
Synopsys shares rose 2.1% to $525.18 Friday as chip stocks rallied and the PHLX semiconductor index hit a record. A Form 4 showed general counsel Janet Lee sold 250 shares at $510 each on Jan. 7 under a pre-set plan. Investors await U.S. inflation data next week and Synopsys’ presentation at the Needham Growth Conference on Jan. 15.