Bear of the Day: Synopsys (SNPS)
Key Takeaways SNPS shares dropped 36% recently on a big "miss-and-lower" quarterElectronic Design Automation (EDA) is the wizardry before chips go to the foundrySNPS shares popped nearly 20% after the Intel/NVIDIA news so all is not lostSynopsys ((SNPS) is one among two leading companies in the field of Electronic Design Automation (EDA).Its partner in the "duopoly" is Cadence Design Systems ((CDNS). And both have traded at high valuations thanks to their essential work in helping semiconductor companies li ...