Cadence Design Systems Inc. Stock Advances 6.5%, Outperforms Peers

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

Shares of Cadence Design Systems Inc. rose 6.5% to $343.08 on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.6% to 7,722.60 and the Dow Jones Industrial Average remaining mostly unchanged at 52,377.57.

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

Cadence Design Systems Inc. closed 17.7% short of its 52-week high of $416.69, which the company reached on June 2nd.

The stock outperformed some of its peers, as Fortinet Inc. rose 0.9% to $185.00, Synopsys Inc. rose 4.4% to $474.42, and Palo Alto Networks Inc. rose 2.88% to $401.70.

Trading volume totaled 4.5 million, compared to the 50-day average of 2.4 million.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

October 27, 2026 16:34 ET (20:34 GMT)