Cadence Design Systems (CDNS) Stock Slides as Market Rises: Facts to Know Before You Trade
Cadence(CDNS) ZACKS·2024-06-04 06:55
Cadence Design Systems (CDNS) closed at $286.15 in the latest trading session, marking a -0.06% move from the prior day. The stock trailed the S&P 500, which registered a daily gain of 0.11%. Meanwhile, the Dow experienced a drop of 0.3%, and the technology-dominated Nasdaq saw an increase of 0.56%.Shares of the maker of hardware and software products for validating chip designs have appreciated by 1.66% over the course of the past month, underperforming the Computer and Technology sector's gain of 7.61% an ...