Ansys Inc. Stock Underperforms Wednesday When Compared To Competitors Despite Daily Gains
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Shares of Ansys Inc. (ANSS) advanced 1.59% to $295.80 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.12% to 4,446.59 and the Dow Jones Industrial Average rising 1.01% to 34,564.59. The stock's rise snapped a six-day losing streak. Ansys Inc. closed $118.09 short of its 52-week high ($413.89), which the company achieved on November 5th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Autodesk Inc. (ADSK) rose 2.86% to $201.74, Dassault Systemes SE ADR (DSY.FR) rose 0.23% to $44.10, and General Dynamics Corp. (GD) fell 0.05% to $243.71. Trading volume (402,582) remained 165,554 below its 50-day average volume of 568,136.
Data source: Dow Jones Market Data, FactSet. Data compiled April 13, 2022.
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April 13, 2022 16:37 ET (20:37 GMT)
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