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Best Stocks To Buy Now: Cadence Design Walloped After Hours On Soft Outlook

DAVID SAITO-CHUNG
06:00 PM ET 04/22/2024

Cadence Design Systems (CDNS) dropped more than 9% after hours Monday after posting quarterly results. X The San Jose, Calif.-based firm and member of the Investor's Business Daily Long-Term Leaders list announced non-GAAP earnings of $1.17 a share, down 9% vs. a year earlier. Revenue edged $10 million lower to $1.01 billion. According to Yahoo…

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