New thinking technology (SNPS.US) Q3 performance and guidance fall short of expectations, stock price plunges 18% after hours.

According to the Securities Times app, after the US stock market closed on Tuesday, the stock price of electronic design automation (EDA) software company Synopsys (SNPS.US) plummeted by 18.44%, as the financial results and guidance for the third quarter released by the company were both below expectations.