Cadence Design Systems Inc. Stock Underperforms Thursday When Compared To Competitors

Dow Jones12-20 05:45

DJ Cadence Design Systems Inc. Stock Underperforms Thursday When Compared To Competitors

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

Shares of Cadence Design Systems Inc. $(CDNS)$ slumped 0.45% to $299.87 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.04% to 42,342.24 and the S&P 500 Index falling 0.09% to 5,867.08.

This was the stock's third consecutive day of losses.

Cadence Design Systems Inc. closed $29.12 short of its 52-week high ($328.99), which the company achieved on June 20th.

The stock underperformed when compared to some of its competitors Thursday, as Fortinet Inc. $(FTNT)$ rose 1.60% to $94.85, Synopsys Inc. $(SNPS)$ fell 0.22% to $493.35, and Palo Alto Networks Inc. (PANW) rose 0.32% to $189.36.

Trading volume (1.7 M) remained 208,288 below its 50-day average volume of 1.9 M.

Data source: Dow Jones Market Data, FactSet. Data compiled December 19, 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 19, 2024 16:45 ET (21:45 GMT)

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

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Stock Underperforms Thursday When Compared To Competitors\n\n\n  This article was automatically generated by MarketWatch using technology from Automated Insights. \n\n\n     ...</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":"2492824774","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2492824774","pubTimestamp":1734644700,"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.  slumped 0.45% to $299.87 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average  rising 0.04% to 42,342.24 and the S&P 500 Index  falling 0.09% to 5,867.08.This was the stock's third consecutive day of losses.Cadence Design Systems Inc. closed $29.12 short of its 52-week high , which the company achieved on June 20th.The stock underperformed when compared to some of its competitors Thursday, as Fortinet Inc.  rose 1.60% to $94.85, Synopsys Inc.  fell 0.22% to $493.35, and Palo Alto Networks Inc.  rose 0.32% to $189.36.Trading volume  remained 208,288 below its 50-day average volume of 1.9 M.Data source: Dow Jones Market Data, FactSet. 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Stock Underperforms Thursday When Compared To Competitors\n\n\n  This article was automatically generated by MarketWatch using technology from Automated Insights. \n\n\n     Shares of Cadence Design Systems Inc. $(CDNS)$ slumped 0.45% to $299.87 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average  rising 0.04% to 42,342.24 and the S&P 500 Index  falling 0.09% to 5,867.08. \n\n\n     This was the stock's third consecutive day of losses. \n\n\n     Cadence Design Systems Inc. closed $29.12 short of its 52-week high ($328.99), which the company achieved on June 20th. \n\n\n     The stock underperformed when compared to some of its competitors Thursday, as Fortinet Inc. $(FTNT)$ rose 1.60% to $94.85, Synopsys Inc. $(SNPS)$ fell 0.22% to $493.35, and Palo Alto Networks Inc. 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