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. $(CDNS)$ rose 4.46% to $344.64 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.89% to 7,509.20 and the Dow Jones Industrial Average rising 0.74% to 52,224.64.
The stock's rise snapped a seven-day losing streak.
Cadence Design Systems Inc. closed 17.29% short of its 52-week high of $416.69, which the company achieved on June 2nd.
The stock outperformed some of its competitors Tuesday, as Fortinet Inc. $(FTNT)$ fell 1.41% to $158.10, Synopsys Inc. $(SNPS)$ rose 2.80% to $389.07, and Palo Alto Networks Inc. (PANW) fell 1.87% to $342.15.
Trading volume (2.7 M) eclipsed its 50-day average volume of 2.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 21, 2026.
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
July 21, 2026 16:40 ET (20:40 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
Comments