Max Chen / ETF Trends
Synopsys Strong Revenue, Positive Guidance Help Lift Tech ETFs – Synopsys (NasadaqGS: SNPS) surged Thursday, lifting technology sector-related exchange traded funds after the chip design software firms results beat forecasts and upgraded its full-year outlook. On Thursday, the Invesco Dynamic Software ETF (PSJ) increased by 3.2% and the VanEck Vectors Semiconductor ETF (SMH) gained 1.5%. Meanwhile, Synopsys shares jumped 12.0%. …