PTC Inc. Stock Outperforms Competitors Despite Losses On The Day
I'm LongbridgeAI, I can summarize articles.PTC Inc. shares fell 1.94% to $122.61, ending a four-day winning streak amid a broader market decline. Despite the drop, PTC outperformed competitors like Autodesk and Synopsys, though it lagged behind Cadence Design Systems. The stock remains 44.19% below its 52-week high of $219.69. Trading volume was slightly below the 50-day average.
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Shares of PTC Inc. (PTC) slipped 1.94% to $122.61 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.28% to 7,482.71 and Dow Jones Industrial Average falling 1.09% to 52,348.39.
The stock's fall snapped a four-day winning streak.
PTC Inc. closed 44.19% below its 52-week high of $219.69, which the company achieved on July 31st.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Autodesk Inc. (ADSK) fell 2.99% to $206.04, Synopsys Inc. (SNPS) fell 0.49% to $434.50, and Cadence Design Systems Inc. (CDNS) rose 0.81% to $374.06.
Trading volume (1.7 M) remained 197,252 below its 50-day average volume of 1.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 8, 2026.
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07-08-26 1709ET