Cadence Design Systems Inc. Stock Rises 9.7%, Outperforms Competitors

Dow Jones
2025/07/30

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

Shares of Cadence Design Systems Inc. advanced 9.7% to $366.26 on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.3% to 6,370.86 and Dow Jones Industrial Average falling 0.5% to 44,632.99.

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

Cadence Design Systems Inc. hit a new 52-week high, surpassing its previous peak of $335.16, which the company reached on July 25th.

The stock outperformed some of its competitors, as Fortinet Inc. fell 0.1% to $104.77, Synopsys Inc. rose 7.3% to $635.81, and Palo Alto Networks Inc. fell 5.21% to $193.84.

Trading volume totaled 4.6 million, compared to the 50-day average of 1.9 million.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

July 29, 2025 16:33 ET (20:33 GMT)

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