Here's Why Cadence Design Systems (CDNS) Fell More Than Broader Market
Cadence(CDNS) ZACKS·2024-07-12 07:05
The most recent trading session ended with Cadence Design Systems (CDNS) standing at $314.07, reflecting a -1.79% shift from the previouse trading day's closing. The stock fell short of the S&P 500, which registered a loss of 0.88% for the day. At the same time, the Dow added 0.08%, and the tech-heavy Nasdaq lost 1.95%.The maker of hardware and software products for validating chip designs's shares have seen an increase of 2.6% over the last month, not keeping up with the Computer and Technology sector's ga ...