Cadence Design Systems Faces Stock Decline After Disappointing Outlook
TL;DR Summary
Cadence, a partner of Nvidia, saw its stock fall after reporting earnings, but CNBC's Jim Cramer advises investors not to worry about the selling. Cramer believes that Cadence's long-term prospects remain strong, and the dip in stock price presents a buying opportunity for those interested in the company.
- Cramer: Don't sweat post-earnings decline in Nvidia partner Cadence Design CNBC
- CDNS Stock: Cadence Design Systems Falls On Outlook Investor's Business Daily
- Cadence Design Stock Slips as Outlook Disappoints Investors Barron's
- Cadence Design Systems Non-GAAP EPS of $1.38 beats by $0.05, revenue of $1.07B beats by Seeking Alpha
- Cadence falls after Rosenblatt cuts rating following lower Q1 outlook MSN
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