Synopsys shares edged higher in premarket trading as improving market sentiment and an oversold RSI encouraged dip-buying despite the stock remaining below key moving averages.

Synopsys, Inc. (NASDAQ: SNPS) stock fell on Friday amid a broader tech sell-off, despite a new Buy rating and price forecast from Benchmark. Read the details.

Synopsys, Inc. (SNPS) is currently at $376.78, down $40.25 or 9.65%