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 3.44% to $340.94 Friday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.29% to 7,230.12 and the Dow Jones Industrial Average falling 0.31% to 49,499.27.
Cadence Design Systems Inc. closed 9.43% short of 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 2.35% to $86.29, Synopsys Inc. $(SNPS)$ rose 1.33% to $489.02, and Palo Alto Networks Inc. (PANW) rose 0.98% to $181.08.
Trading volume (1.8 M) remained 686,506 below its 50-day average volume of 2.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 1, 2026.
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(END) Dow Jones Newswires
May 01, 2026 16:41 ET (20:41 GMT)
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