Cadence Design Systems, Inc. (NASDAQ: CDNS) shares gained 2.31%, or $3.82 per share, to close Thursday at $168.92. After opening the day at $165.01, shares of Cadence Design Systems, fluctuated between $169.18 and $165.00. 1,037,758 shares traded hands a decrease from their 30 day average of 1,124,528. Thursday’s activity brought Cadence Design Systems,’s market cap to $46,814,657,720.
Cadence Design Systems, is headquartered in San Jose, California..
About Cadence Design Systems, Inc.
Cadence Design Systems Inc. is a pivotal leader in electronic design, building upon more than 30 years of computational software expertise. The company applies its underlying Intelligent System Design strategy to deliver software, hardware and IP that turn design concepts into reality. Cadence customers are the world’s most innovative companies, delivering extraordinary electronic products from chips to boards to systems for the most dynamic market applications, including consumer, hyperscale computing, 5G communications, automotive, mobile, aerospace, industrial and healthcare. For six years in a row, Fortune magazine has named Cadence one of the 100 Best Companies to Work For.
Visit Cadence Design Systems, Inc.’s profile for more information.
The Daily Fix
Here’s a trending selection from our newsletter, The Daily Fix, that captured readers’ attention. Click here to subscribe and get The Daily Fix delivered right to your inbox.
Sustainable Shoe Maker Allbirds Seeks IPO Valuation North of $2 Billion
Sustainable shoe brand Allbirds Inc is eyeing a valuation exceeding $2 billion in its US initial public offering (IPO).
In its amended Form S-1 filed Monday, the company said it is offering about 19.23 million shares priced between $12 and $14 apiece. At the high end of that range, Allbirds would fetch gross proceeds of over $269 million.
CDC Extends COVID-19 Safety Rules for Cruise Industry Through January 15
The US Centers for Disease Control and Prevention (CDC) extended its COVID-19 safety regulations for the cruise ship industry into January, citing concerns over the highly contagious Delta variant and breakthrough cases among fully vaccinated travelers.
Under the current measures, called a conditional sailing order, cruise lines have been permitted to operate as long as they adhere to certain precautions, such as requiring vaccinations or testing of crew and passengers as well as face masks onboard.
Hertz Orders 100,000 Tesla Model 3 Vehicles; First Step Toward Electrifying Fleet
Hertz Global Holdings Inc (OTC: HTZZ) has placed an order for 100,000 Tesla Inc (NASDAQ: TSLA) electric cars, the first step in the rental car company’s plan to electrify its fleet of a half million cars.
Starting in early November, the Florida-based company will offer Tesla Model 3 compact cars for rent at its airport and neighborhood locations in major US markets and certain European cities, Hertz announced Monday.
About The Nasdaq Stock Market
The Nasdaq Stock Market is a global leader in trading data and services, and equities and options listing. Nasdaq is the world’s leading exchange for options volume and is home to the five largest US companies – Apple, Microsoft, Amazon, Alphabet and Facebook.
To get more information on Cadence Design Systems, Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: Cadence Design Systems, Inc.’s Profile. For more news on the financial markets be sure to visit Equities News. Also, don’t forget to sign-up for the Daily Fix to receive the best stories to your inbox 5 days a week.
Sources: Chart is provided by TradingView based on 15-minute-delayed prices. All other data is provided by IEX Cloud as of 8:05 pm ET on the day of publication.
The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer
Read More: Cadence Design Systems, (CDNS) gains 2.31% for October 28