Why Synopsys Stock Rose 11% in August

Synopsys (NASDAQ: SNPS) shareholders outpaced a booming market in August. The stock rose by 11% compared to the S&P 500's 7% increase, according to data provided by S&P Global Market Intelligence.

That boost added to an impressive rally for investors in the software giant's stock, which is now up by about 44% year to date.

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Source Fool.com