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

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Shares of Cadence Design Systems Inc. (CDNS) rose 1.30% to $371.03 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.12% to 6,362.90 and Dow Jones Industrial Average falling 0.38% to 44,461.28.

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

Cadence Design Systems Inc. hit a new 52-week high, surpassing its previous peak of $370.61, which the company achieved on July 29th.

The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Fortinet Inc. (FTNT) fell 2.92% to $101.71, Synopsys Inc. (SNPS) rose 1.50% to $645.35, and Palo Alto Networks Inc. (PANW) fell 5.58% to $183.03.

Trading volume (3.8 M) eclipsed its 50-day average volume of 1.9 M.

Data source: Dow Jones Market Data, FactSet. Data compiled July 30, 2025.

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July 30, 2025 16:40 ET (20:40 GMT)

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