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Nasdaq 100 Movers: MELI, CDNS

In early trading on Thursday, shares of Cadence Design Systems topped the list of the day's best performing components of the Nasdaq 100 index, trading up 3.7%. Year to date, Cadence Design Systems registers a 59.4% gain.

And the worst performing Nasdaq 100 component thus far on the day is MercadoLibre, trading down 0.5%. MercadoLibre is showing a gain of 99.8% looking at the year to date performance.

Two other components making moves today are Xcel Energy, trading down 0.0%, and Western Digital, trading up 3.4% on the day.

VIDEO: Nasdaq 100 Movers: MELI, CDNS

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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