This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Cadence Design Systems Inc. slipped 5.6% to $302.67 on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.1% to 49,071.56 and the S&P 500 Index falling 0.1% to 6,969.01.
Cadence Design Systems Inc. closed 19.6% short of its 52-week high of $376.45, which the company reached on July 31st.
The stock demonstrated a mixed performance when compared to some of its peers, as Fortinet Inc. fell 0.7% to $81.51, Synopsys Inc. fell 6.1% to $480.00, and Palo Alto Networks Inc. fell 4.10% to $176.20.
Trading volume totaled 3.7 million, compared to the 50-day average of 1.6 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
January 29, 2026 16:35 ET (21:35 GMT)
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