Cadence Design Systems Inc. Stock Advances 5.1%, Outperforms Peers
Dow Jones2026/08/25 20:33This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Cadence Design Systems Inc. rose 5.1% to $331.90 on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.3% to 7,677.28 and the Dow Jones Industrial Average rising 0.3% to 53,577.40.
Cadence Design Systems Inc. closed 20.3% short of its 52-week high of $416.69, which the company achieved on June 2nd.
The stock outperformed some of its peers, as Fortinet Inc. rose 1.1% to $153.66, Synopsys Inc. rose 3.6% to $408.79, and Palo Alto Networks Inc. fell 3.13% to $339.90.
Trading volume totaled 3.0 million, compared to the 50-day average of 2.3 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
August 25, 2026 16:33 ET (20:33 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
WLD’s 15% price surge follows World Network’s launch of ‘World Money’ Super App
In the coming month, you will see bitcoin prices starting with '10', or even double eleven!
Meta (META.US) data center's first high-yield bond is oversubscribed more than four times, strong demand drives premium issuance
The first junk bond issuance by the data center division of Meta Platforms attracted demand over four times the transaction size, with its enticing yields drawing in investors.
US stock index adjustments to take effect next Monday: Bloom Energy (BE.US) and Everpure (P.US) to be included in S&P 500, changes also for mid- and small-cap stocks
Bloom Energy, Illumina, and Everpure will be included in the S&P 500 index, while several other companies will be added to the S&P 100, S&P MidCap 400, and S&P SmallCap 600 indices.
Crypto prices
More
