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Synaptics Inc. (SYNA) Surged To A New High Following Q2 Report

Synaptics Inc. (SYNA) reported second quarter non-GAAP net income of $0.68 per share after the bell Thursday, down from $0.72 per share last year. The consensus estimate was for EPS of $0.62.

Synaptics Inc. traded to the upside throughout the first 2 hours of Friday's session and closed higher by 2.64 at $36.98, with volume at a 3-month high. The stock rose past resistance Friday and set a new high for the year.

by RTTNews Staff Writer

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