Cadence Design Systems Surges to Top 141 Most Actively Traded Stocks with $608 Million in Shares Exchanged

On April 24, 2025, Cadence Design Systems (CDNS) saw a significant surge in trading volume, with a total of $608 million in shares exchanged, marking a 32.76% increase from the previous day. This surge placed Cadence among the top 141 most actively traded stocks for the day. The company's stock price also rose by 6.16%, marking the third consecutive day of gains and a total increase of 12.01% over the past three days.

JP Morgan recently upgraded their outlook for Cadence Design Systems from Neutral to Overweight. This change in rating reflects a positive shift in the financial institution's assessment of the company's prospects, potentially influencing investor sentiment and contributing to the recent stock price movements.