Your email has been successfully added to our mailing list.

×
0 0 0 0 0 -0.000251618363565692 -0.0107280920465723 -0.0107280920465723
Stock impact report

Nvidia-Backed Synopsys Stock Jumps as Elliott Takes Multibillion-Dollar Stake [Yahoo! Finance]

Synopsys, Inc. (SNPS) 
Last synopsys, inc. earnings: 2/19 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Shares of Synopsys ( NASDAQ:SNPS ) climbed about 5% on Monday after activist investor Elliott Investment Management took a multibillion-dollar stake in the semiconductor design company. Elliott said Synopsys is essential to the global chip industry and highlighted opportunities to better align the company's operational execution, profitability and monetization with its market role. Jesse Cohn, managing partner at Elliott, told the firm sees potential for Synopsys' financial performance to more fully reflect its industry value. Warning! GuruFocus has detected 7 Warning Signs with SNPS. Is SNPS fairly valued? Test your thesis with our free DCF calculator. The firm's investment was first reported by The Wall Street Journal, though Elliott did not disclose the exact size of the stake. Synopsys provides electronic design automation and silicon design services, which support the development of chips powering artificial intelligence. Nvidia ( NASDAQ:NVDA ) purchased $2 billion of Show less Read more
Impact Snapshot
Event Time:
SNPS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for SNPS alerts
Opt-in for
SNPS alerts

from News Quantified
Opt-in for
SNPS alerts

from News Quantified