Why Cadence Design Systems Stock Is Jumping Today
Cadence Design Systems (NASDAQ: CDNS) stock is moving higher in Tuesday's trading following the company's first-quarter report. The tech specialist's share price was up 5.1% as of 2:15 p.m. ET.
Cadence published its Q1 results after the market closed yesterday and posted earnings that came in ahead of Wall Street's target. The company also raised its full-year performance guidance.
Source Fool.com
