DJ Cadence Design Systems Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Cadence Design Systems Inc. $(CDNS)$ rose 2.07% to $303.69 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.80% to 6,141.02 and the Dow Jones Industrial Average rising 0.94% to 43,386.84.
This was the stock's third consecutive day of gains.
Cadence Design Systems Inc. closed 6.90% short of its 52-week high of $326.19, which the company achieved on December 4th.
The stock outperformed some of its competitors Thursday, as Fortinet Inc. $(FTNT)$ rose 0.16% to $103.86, Synopsys Inc. $(SNPS)$ rose 1.73% to $495.70, and Palo Alto Networks Inc. (PANW) fell 0.96% to $202.34.
Trading volume (2.1 M) eclipsed its 50-day average volume of 2.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 26, 2025.
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June 26, 2025 16:42 ET (20:42 GMT)
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