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May 3, 2022, 4:42 p.m. EDT

Cadence Design Systems Inc. stock outperforms competitors on strong trading day

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Shares of Cadence Design Systems Inc. /zigman2/quotes/207095682/composite CDNS -0.59% advanced 1.57% to $152.85 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX -0.88% rising 0.48% to 4,175.48 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -0.82% rising 0.20% to 33,128.79. The stock's rise snapped a two-day losing streak. Cadence Design Systems Inc. closed $39.85 below its 52-week high ($192.70), which the company reached on December 28th.

The stock outperformed some of its competitors Tuesday, as Autodesk Inc. /zigman2/quotes/209828392/composite ADSK -2.77% rose 0.17% to $193.22, Synopsys Inc. /zigman2/quotes/208349984/composite SNPS -0.77% rose 0.52% to $292.21, and Ansys Inc. /zigman2/quotes/207638775/composite ANSS -0.90% fell 0.01% to $279.91. Trading volume (1.4 M) remained 534,501 below its 50-day average volume of 1.9 M.

Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

/zigman2/quotes/207095682/composite
US : U.S.: Nasdaq
$ 150.03
-0.89 -0.59%
Volume: 2.09M
June 30, 2022 4:00p
P/E Ratio
56.03
Dividend Yield
N/A
Market Cap
$41.62 billion
Rev. per Employee
$339,138
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/zigman2/quotes/210599714/realtime
US : S&P US
3,785.38
-33.45 -0.88%
Volume: 2.68B
June 30, 2022 5:30p
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/zigman2/quotes/210598065/realtime
US : Dow Jones Global
30,775.43
-253.88 -0.82%
Volume: 397.27M
June 30, 2022 5:30p
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/zigman2/quotes/209828392/composite
US : U.S.: Nasdaq
$ 171.96
-4.89 -2.77%
Volume: 1.71M
June 30, 2022 4:00p
P/E Ratio
78.04
Dividend Yield
N/A
Market Cap
$38.42 billion
Rev. per Employee
$362,500
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/zigman2/quotes/208349984/composite
US : U.S.: Nasdaq
$ 303.70
-2.36 -0.77%
Volume: 1.04M
June 30, 2022 4:00p
P/E Ratio
47.24
Dividend Yield
N/A
Market Cap
$46.82 billion
Rev. per Employee
$290,705
loading...
/zigman2/quotes/207638775/composite
US : U.S.: Nasdaq
$ 239.29
-2.17 -0.90%
Volume: 435,143
June 30, 2022 4:00p
P/E Ratio
46.51
Dividend Yield
N/A
Market Cap
$21.00 billion
Rev. per Employee
$385,993
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