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Why Shares in Synopsys Popped Higher Today
The Motley Fool· 2025-06-28 01:41
Shares in electronic design automation (EDA) company Synopsys (SNPS 1.86%) were up by more than 5% at 10 a.m. ET today. The positive developments came after officials from China and the U.S. confirmed that a new trade framework had been agreed upon between the two countries.Why it matters to SynopsysA thawing in the trade war with China matters to Synopsys for two main reasons. First, the company was forced to suspend its third-quarter and full-year guidance after the U.S. Department of Commerce applied new ...