This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Cadence Design Systems Inc. advanced 4.2% to $373.59 on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.4% to 7,473.47 and the Dow Jones Industrial Average rising 0.6% to 50,579.70.
This was the stock's third consecutive day of gains.
Cadence Design Systems Inc. closed 0.8% below its 52-week high of $376.45, which the company reached on July 31st.
The stock outperformed some of its peers, as Fortinet Inc. rose 3.5% to $133.93, Synopsys Inc. rose 4.1% to $524.74, and Palo Alto Networks Inc. rose 3.03% to $260.58.
Trading volume totaled 2.2 million, compared to the 50-day average of 2.3 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
May 22, 2026 16:35 ET (20:35 GMT)
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