DJ Cadence Design Systems Inc. Stock Outperforms Competitors On Strong Trading Day

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Shares of Cadence Design Systems Inc. $(CDNS)$ rose 2.14% to $354.29 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.32% to 6,501.86 and the Dow Jones Industrial Average rising 0.16% to 45,636.90.

This was the stock's second consecutive day of gains.

Cadence Design Systems Inc. closed 5.89% short of its 52-week high of $376.45, which the company achieved on July 31st.

The stock outperformed some of its competitors Thursday, as Fortinet Inc. $(FTNT)$ rose 1.48% to $79.29, Synopsys Inc. $(SNPS)$ rose 1.49% to $612.17, and Palo Alto Networks Inc. (PANW) rose 1.82% to $191.02.

Trading volume (1.1 M) remained 676,340 below its 50-day average volume of 1.7 M.

Data source: Dow Jones Market Data, FactSet. Data compiled August 28, 2025.

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August 28, 2025 16:41 ET (20:41 GMT)

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