Cadence Design Systems (CDNS) Surpasses Market Returns: Some Facts Worth Knowing

In the latest trading session, Cadence Design Systems (CDNS) closed at $268.50, marking a +0.64% move from the previous day. This change outpaced the S&P 500's 0.08% gain on the day. Elsewhere, the Dow lost 0.31%, while the tech-heavy Nasdaq added 0.02%.Prior to today's trading, shares of the maker of hardware and software products for validating chip designs had lost 1.23% over the past month. This has lagged the Computer and Technology sector's gain of 2.68% and the S&P 500's gain of 3.52% in that time.Ma ...