Cadence Design Systems Inc. Stock Rallies 4.2%, Outperforms Peers

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

Shares of Cadence Design Systems Inc. rose 4.2% to $322.00 on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index remaining mostly unchanged at 7,704.13 and the Dow Jones Industrial Average falling 0.3% to 51,349.98.

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

Cadence Design Systems Inc. closed 22.7% below its 52-week high of $416.69, which the company reached on June 2nd.

The stock outperformed some of its peers, as Fortinet Inc. remained unchanged, Synopsys Inc. rose 2.9% to $424.91, and Palo Alto Networks Inc. fell 0.86% to $389.92.

Trading volume totaled 2.5 million, compared to the 50-day average of 2.5 million.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

September 24, 2026 16:35 ET (20:35 GMT)