Cadence Design Systems Inc. Stock Rallies 2.7%, Outperforms Peers

Dow Jones
Sep 09

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Cadence Design Systems Inc. advanced 2.7% to $360.64 on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.2% to 6,495.15 and the Dow Jones Industrial Average rising 0.3% to 45,514.95.

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

Cadence Design Systems Inc. closed 4.2% short of its 52-week high of $376.45, which the company achieved on July 31st.

The stock outperformed some of its peers, as Fortinet Inc. rose 1.9% to $80.36, Synopsys Inc. rose 1.8% to $609.08, and Palo Alto Networks Inc. rose 1.50% to $197.38.

Trading volume totaled 1.7 million, compared to the 50-day average of 1.7 million.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

September 08, 2025 16:35 ET (20:35 GMT)

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