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Solar-energy-tech provider's shares drop amid UBS stock downgrade and news that the founder and CEO has taken a leave of absence for a health issue.
Stock advances as much as nearly 20% amid 4% same-store-sales growth and profit boost.
It is the third time in the past four quarters that Synopsys has beat analyst estimates.
Mizuho's Salim Syed says talk of possible tieup isn't far-fetched. Alexion and Amgen decline comment.
The PC and printer maker also reported adjusted quarterly earnings that beat analyst estimates but revenues that fell just short.
Here's what Jim Cramer learned during his draft Wednesday night.
The Fed is in the hot seat, again. This time at Jackson Hole.
It's o.k. if you have a little FOMO after watching the behind-the-scenes of Cramer's draft picks
Stocks finish mixed as bond yields invert - a possible recession warning - ahead of Fed Chairman Jerome Powell's scheduled address Friday at the annual Jackson Hole Economic Symposium.
With uncertainty around what Fed Chair Jerome Powell might say Friday, it's unclear how much dovishness will take the market higher.
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