Synopsys (SNPS)

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Synopsys (SNPS) Profile

Synopsys Inc. (SNPS.xnas) is an American electronic software and design automation company headquartered in California, the United States. Synopsys focuses on silicon design and verification, silicon intellectual property, and software security and quality. The tech company has expanded its products and services to include self-driving cars, artificial intelligence (AI), and internet of things (IoT) products. Synopsys Inc. operates through its subsidiaries, including BlackDuck, Coverity, Cigital, Code DX, QTronic, eSilicon, and Codenomicon. The company has 111 office locations, staffed with more than 15,000employees providing services and products mainly in the United States, India, the United Kingdom, and Canada. Synopsys Inc. (SNPS.xnas) is traded on Nasdaq, and it is a component of the NASDAQ 100 and Standard and Poor’s 500 (S&P-500). Synopsys has a $44.11B (USD) market cap and $3.69 (USD) revenue. Ιnvestors in Synopsys have made 473% returns over the last five years. Synopsys recently announced that it has partnered with The Chertoff Group, a global advisory services firm, to deliver policy-driven application security solutions. SNPS obtained the IC Validator certification by the United States Department of Defense Manufacturing Innovation Institute and renewed its AIM Photonics membership to provide photonic design automation solutions.

Synopsys Inc. (SNPS.xnas): Trade a Contract for Difference (CFD) on SNPS.xnas and speculate on the share price difference of the underlying asset. CFD is a financial contract that allows you to trade on the underlying asset value (share price) without the need to purchase the actual stock. Investors are trading the difference in the value of security between the opening and closing of the trade. You can either hold a long position (Buy) or a short position (Sell). CFDs are considered short-term investments or trades, as CFDs tend to be used within shorter timeframes.

Holding cost
Long
-5%
Short
-2.5%
Trading hours in US Eastern Time
Fri
16:30 - 23:00
Mon
16:30 - 23:00
Tue
16:30 - 23:00
Wed
16:30 - 23:00
Thu
16:30 - 23:00
Sun
Closed
Sat
Closed

Share CFD Trading FAQ

Each investor owning shares of a company is also owning fragments of the company. A quite simple way to explain what a stock is is basically when a company divides itself into several shares and then it makes a part of these equities available to the public, at a price. Each investor owning shares of a company is owning fragments of the company.

While shares represent units of ownership within a company Contracts for Difference (CFDs) allow traders to speculate on the future share price fluctuations of an underlying asset. Thus when trading CFDs traders do not physically own the underlying asset. CFDs are available for a range of underlying assets, such as shares, commodities, and foreign exchange, and indices.

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Source - database | Page ID - 432

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