Ansys Inc. Stock Falls Friday, Underperforms Market
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Shares of Ansys Inc. (ANSS) shed 4.06% to $261.59 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.57% to 4,123.34 and Dow Jones Industrial Average falling 0.30% to 32,899.37. This was the stock's second consecutive day of losses. Ansys Inc. closed $152.30 short of its 52-week high ($413.89), which the company reached on November 5th.
The stock underperformed when compared to some of its competitors Friday, as Autodesk Inc. (ADSK) fell 2.33% to $193.77, Dassault Systemes SE ADR (DSY.FR) fell 3.14% to $42.29, and General Dynamics Corp. (GD) rose 0.15% to $239.60. Trading volume (643,730) eclipsed its 50-day average volume of 552,702.
Data source: Dow Jones Market Data, FactSet. Data compiled May 6, 2022.
(END) Dow Jones Newswires
May 06, 2022 16:37 ET (20:37 GMT)
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