Cadence Design Systems (CDNS) Beats Stock Market Upswing: What Investors Need to Know
Cadence(CDNS) ZACKS·2024-06-19 07:05
In the latest trading session, Cadence Design Systems (CDNS) closed at $326.50, marking a +1.37% move from the previous day. The stock exceeded the S&P 500, which registered a gain of 0.25% for the day. Elsewhere, the Dow saw an upswing of 0.15%, while the tech-heavy Nasdaq appreciated by 0.03%.The maker of hardware and software products for validating chip designs's stock has climbed by 10.12% in the past month, exceeding the Computer and Technology sector's gain of 8.7% and the S&P 500's gain of 3.34%.The ...