Synopsys Inc. Trading Volume Drops 43.35% to $459 Million Despite Six-Day Winning Streak

On June 6, 2025, Synopsys Inc. (SNPS) saw a trading volume of $459 million, marking a 43.35% decrease from the previous day. The stock price rose by 0.79%, extending its winning streak to six consecutive days, with a total increase of 6.82% over the past six days.

Synopsys Inc. has withdrawn its full-year guidance due to new export restrictions imposed by China. This decision comes after the company had previously suspended its Q3 and fiscal year 2025 guidance. The new restrictions have significantly impacted the company's ability to provide accurate financial projections, leading to the suspension of its guidance for the remainder of the year.

Synopsys Inc. has also suspended its financial guidance for the third quarter and fiscal year 2025. This move is a direct response to the new export restrictions to China, which have created uncertainty in the company's financial outlook. The suspension of guidance is a precautionary measure to ensure that the company can accurately reflect its financial performance in light of the changing regulatory environment.