How did SNPS's Q2 2024 earnings surprise impact short-term trading?
4/6/2025 02:34pm
Synopsys' (SNPS) Q2 2024 earnings miss expectations had a negative impact on short-term trading, as evidenced by the 3-day win rate of 0.00% and 10-day win rate of 0.00% following the earnings release. However, the 30-day win rate was 100.00%, indicating that long-term investors may have benefited from the subsequent market recovery. The maximum return observed was 7.06% over 30 days, suggesting that while there was potential for gains, they were not immediately apparent.