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. $(CDNS)$ rallied 2.67% to $327.31 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.65% to 6,966.28 and the Dow Jones Industrial Average rising 0.48% to 49,504.07.
Cadence Design Systems Inc. closed 13.05% below its 52-week high of $376.45, which the company reached on July 31st.
The stock outperformed some of its competitors Friday, as Fortinet Inc. $(FTNT)$ rose 1.50% to $79.22, Synopsys Inc. $(SNPS)$ rose 2.08% to $525.18, and Palo Alto Networks Inc. (PANW) fell 0.93% to $189.02.
Trading volume (1.7 M) remained 84,246 below its 50-day average volume of 1.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 9, 2026.
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(END) Dow Jones Newswires
January 09, 2026 16:41 ET (21:41 GMT)
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