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

Dow Jones12-17

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

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

Shares of Cadence Design Systems Inc. $(CDNS)$ advanced 2.20% to $313.49 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.38% to 6,074.08 and the Dow Jones Industrial Average falling 0.25% to 43,717.48.

The stock's rise snapped a two-day losing streak.

Cadence Design Systems Inc. closed $15.50 short of its 52-week high ($328.99), which the company reached on June 20th.

The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Fortinet Inc. $(FTNT)$ rose 0.21% to $98.16, Synopsys Inc. $(SNPS)$ rose 2.72% to $522.11, and Palo Alto Networks Inc. (PANW) rose 3.02% to $202.50.

Trading volume (1.7 M) remained 183,079 below its 50-day average volume of 1.9 M.

Data source: Dow Jones Market Data, FactSet. Data compiled December 16, 2024.

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

December 16, 2024 16:45 ET (21:45 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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Stock Outperforms Competitors On Strong Trading Day\n\n\n  This article was automatically generated by MarketWatch using technology from Automated Insights. \n\n\n     Shares ...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CDNS","symbol_name":"铿腾电子","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2492562324","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2492562324","pubTimestamp":1734385500,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"This article was automatically generated by MarketWatch using technology from Automated Insights.Shares of Cadence Design Systems Inc.  advanced 2.20% to $313.49 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index  rising 0.38% to 6,074.08 and the Dow Jones Industrial Average  falling 0.25% to 43,717.48.The stock's rise snapped a two-day losing streak.Cadence Design Systems Inc. closed $15.50 short of its 52-week high , which the company reached on June 20th.The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Fortinet Inc.  rose 0.21% to $98.16, Synopsys Inc.  rose 2.72% to $522.11, and Palo Alto Networks Inc.  rose 3.02% to $202.50.Trading volume  remained 183,079 below its 50-day average volume of 1.9 M.Data source: Dow Jones Market Data, FactSet. 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