DJ Cadence Design Systems Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Cadence Design Systems Inc. $(CDNS)$ advanced 1.75% to $353.36 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.36% to 6,740.28 and the Dow Jones Industrial Average falling 0.14% to 46,694.97.
This was the stock's second consecutive day of gains.
Cadence Design Systems Inc. closed 6.13% below its 52-week high of $376.45, which the company reached on July 31st.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Fortinet Inc. $(FTNT)$ rose 0.70% to $86.39, Synopsys Inc. $(SNPS)$ rose 1.94% to $478.25, and Palo Alto Networks Inc. (PANW) rose 2.60% to $212.58.
Trading volume (1.4 M) remained 386,474 below its 50-day average volume of 1.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 6, 2025.
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October 06, 2025 16:40 ET (20:40 GMT)
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