Cadence Design Systems Inc. Stock Outperforms Competitors on Strong Trading Day

Dow Jones04:42

DJ Cadence Design Systems Inc. Stock Outperforms Competitors On Strong Trading Day

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Cadence Design Systems Inc. (CDNS) rallied 4.18% to $322.00 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.02% to 7,704.13 and Dow Jones Industrial Average falling 0.31% to 51,349.98.

This was the stock's seventh consecutive day of gains.

Cadence Design Systems Inc. closed 22.72% below its 52-week high of $416.69, which the company achieved on June 2nd.

The stock outperformed some of its competitors Thursday, as Fortinet Inc. $(FTNT)$ fell 0.04% to $178.67, Synopsys Inc. (SNPS) rose 2.87% to $424.91, and Palo Alto Networks Inc. (PANW) fell 0.86% to $389.92.

Trading volume (2.5 M) remained 33,840 below its 50-day average volume of 2.5 M.

Data source: Dow Jones Market Data, FactSet. Data compiled September 24, 2026.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment