DJ Cadence Design Systems Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Cadence Design Systems Inc. $(CDNS)$ advanced 4.95% to $283.52 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.97% to 6,932.30 and the Dow Jones Industrial Average rising 2.47% to 50,115.67.
Cadence Design Systems Inc. closed 24.68% short of its 52-week high of $376.45, which the company achieved on July 31st.
The stock outperformed some of its competitors Friday, as Fortinet Inc. $(FTNT)$ rose 4.85% to $82.76, Synopsys Inc. $(SNPS)$ rose 4.01% to $426.88, and Palo Alto Networks Inc. (PANW) rose 2.94% to $159.32.
Trading volume (2.8 M) eclipsed its 50-day average volume of 1.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 6, 2026.
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February 06, 2026 16:45 ET (21:45 GMT)
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