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0.000521218642814008 0.00134508036855214 0.00132826686394525 0.00265653372789031 0.00670858833815322 0.00497679736364254 0.0105588808931335 0.007582890577712
Stock impact report

Cadence Design Systems (CDNS) Fell Despite Reporting Strong Results [Yahoo! Finance]

Cadence Design Systems, Inc. (CDNS) 
Last cadence design systems, inc. earnings: 4/20 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
A copy of the letter can be downloaded here . U.S. equity markets were favorable in the third quarter of 2024 driven by a dovish monetary policy shift by the Federal Reserve (Fed) and anticipation of a soft economic landing. At the same time, Class A shares of the fund underperformed the Russell Midcap Growth Index in the quarter. In addition, please check the fund's top five holdings to know its best picks in 2024. Alger Mid Cap Focus Fund highlighted stocks like Cadence Design Systems, Inc. (NASDAQ: CDNS ), in the third quarter 2024 investor letter. Cadence Design Systems, Inc. (NASDAQ:CDNS) is a global provider of software, hardware, services, and reusable integrated circuit (IC) design blocks. The one-month return of Cadence Design Systems, Inc. (NASDAQ:CDNS) was 20.29%, and its shares gained 10.83% of their value over the last 52 weeks. On November 19, 2024, Cadence Design Systems, Inc. (NASDAQ:CDNS) stock closed at $299.63 per share with a market capitalization of $82.177 bill Show less Read more
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