Cadence Design Systems Inc. Stock Underperforms Friday When Compared to Competitors

Dow Jones04:40

DJ Cadence Design Systems Inc. Stock Underperforms Friday When Compared To Competitors

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

Shares of Cadence Design Systems Inc. (CDNS) slid 4.34% to $327.89 Friday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.82% to 7,580.07 and Dow Jones Industrial Average falling 1.09% to 51,770.31.

Cadence Design Systems Inc. closed 21.31% below its 52-week high of $416.69, which the company reached on June 2nd.

The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Fortinet Inc. $(FTNT)$ fell 2.17% to $136.08, Synopsys Inc. (SNPS) fell 4.61% to $467.61, and Palo Alto Networks Inc. (PANW) fell 3.86% to $365.87.

Trading volume (2.0 M) remained 482,340 below its 50-day average volume of 2.5 M.

Data source: Dow Jones Market Data, FactSet. Data compiled October 30, 2026.

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