Published on 20 Jun 2024 on Insider Monkey · via Yahoo Finance
Synaptics Incorporated (SYNA) Fell Despite Beating Earnings Estimates
TimesSquare Capital Management, an equity investment management company, released its “U.S. Small Cap Growth Strategy” first-quarter 2024 investor letter. A copy of the letter can be downloaded here. In the quarter the fund returned 5.77% (net), compared to a 7.58% return for the Russell 2000 Growth Index. Despite a decline in many equity markets in January, they rebounded over the following two months, resulting in a robust 2024 first quarter. In addition, please check the fund’s top five holdings to know its best picks in 2024.
TimesSquare Capital U.S. Small Cap Growth Strategy highlighted stocks like Synaptics Incorporated (NASDAQ:SYNA), in the first quarter 2024 investor letter. Synaptics Incorporated (NASDAQ:SYNA) develops, markets, and sells semiconductor products. The one-month return of Synaptics Incorporated (NASDAQ:SYNA) was -3.28%, and its shares gained 7.95% of their value over the last 52 weeks. On June 20, 2024, Synaptics Incorporated (NASDAQ:SYNA) stock closed at $87.61 per share with a market capitalization of $3.46 billion.