DJ Cadence Design Systems Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Cadence Design Systems Inc. $(CDNS)$ slipped 1.13% to $287.03 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.61% to 6,632.19 and Dow Jones Industrial Average falling 0.26% to 46,558.47.
This was the stock's second consecutive day of losses.
Cadence Design Systems Inc. closed 23.75% below 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 competitors Friday, as Fortinet Inc. $(FTNT)$ fell 1.14% to $83.44, Synopsys Inc. $(SNPS)$ fell 1.45% to $412.63, and Palo Alto Networks Inc. (PANW) fell 0.66% to $167.02.
Trading volume (1.8 M) remained 749,810 below its 50-day average volume of 2.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 13, 2026.
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(END) Dow Jones Newswires
March 13, 2026 16:42 ET (20:42 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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