PTC Inc. Stock Underperforms Monday When Compared To Competitors Despite Daily Gains

MarketWatch Automated
2026.05.04 21:11
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PTC Inc. shares rose 1.22% to $138.19 on Monday, despite a broader market decline, with the S&P 500 down 0.41% and the Dow Jones down 1.13%. This marks the second consecutive day of gains for PTC, although it remains 37.10% below its 52-week high of $219.69. Compared to competitors like Autodesk, Synopsys, and Cadence, PTC underperformed as they saw higher gains. Trading volume was 1.2 million, surpassing the 50-day average of 1.1 million.