This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Cadence Design Systems Inc. rose 5.1% to $331.90 on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.3% to 7,677.28 and the Dow Jones Industrial Average rising 0.3% to 53,577.40.

Cadence Design Systems Inc. closed 20.3% short of its 52-week high of $416.69, which the company achieved on June 2nd.

The stock outperformed some of its peers, as Fortinet Inc. rose 1.1% to $153.66, Synopsys Inc. rose 3.6% to $408.79, and Palo Alto Networks Inc. fell 3.13% to $339.90.

Trading volume totaled 3.0 million, compared to the 50-day average of 2.3 million.

Data source: Dow Jones Market Data, FactSet