Why Cadence Design Systems (CDNS) Outpaced the Stock Market Today
CDNSCadence(CDNS) ZACKS·2024-06-26 07:05

Cadence Design Systems (CDNS) closed the latest trading day at $311.53, indicating a +0.77% change from the previous session's end. The stock's performance was ahead of the S&P 500's daily gain of 0.09%. On the other hand, the Dow registered a loss of 0.1%, and the technology-centric Nasdaq increased by 0.16%. Prior to today's trading, shares of the maker of hardware and software products for validating chip designs had gained 5.05% over the past month. This has outpaced the Computer and Technology sector's ...