Cadence Design Systems Inc. Stock Underperforms Tuesday When Compared To Competitors

Dow Jones05-13

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

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

Shares of Cadence Design Systems Inc. $(CDNS)$ slipped 1.69% to $358.04 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.11% to 49,760.56 and the S&P 500 Index falling 0.16% to 7,400.96.

The stock's fall snapped a seven-day winning streak.

Cadence Design Systems Inc. closed 4.89% below its 52-week high of $376.45, which the company achieved on July 31st.

The stock underperformed when compared to some of its competitors Tuesday, as Fortinet Inc. $(FTNT)$ fell 1.36% to $113.87, Synopsys Inc. $(SNPS)$ fell 0.58% to $513.21, and Palo Alto Networks Inc. (PANW) rose 0.91% to $215.60.

Trading volume (2.0 M) remained 427,838 below its 50-day average volume of 2.4 M.

Data source: Dow Jones Market Data, FactSet. Data compiled May 12, 2026.

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

May 12, 2026 16:39 ET (20:39 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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Stock Underperforms Tuesday When Compared To Competitors\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-05-13 04:39</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nDJ Cadence Design Systems Inc. Stock Underperforms Tuesday When Compared To Competitors\n</p>\n<p>\n  This article was automatically generated by MarketWatch using technology from Automated Insights. \n</p>\n<p>\n     Shares of Cadence Design Systems Inc. <a href=\"https://laohu8.com/S/CDNS\">$(CDNS)$</a> slipped 1.69% to $358.04 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average  rising 0.11% to 49,760.56 and the S&amp;P 500 Index  falling 0.16% to 7,400.96. \n</p>\n<p>\n     The stock's fall snapped a seven-day winning streak. \n</p>\n<p>\n     Cadence Design Systems Inc. closed 4.89% below its 52-week high of $376.45, which the company achieved on July 31st. \n</p>\n<p>\n     The stock underperformed when compared to some of its competitors Tuesday, as Fortinet Inc. <a href=\"https://laohu8.com/S/FTNT\">$(FTNT)$</a> fell 1.36% to $113.87, Synopsys Inc. <a href=\"https://laohu8.com/S/SNPS\">$(SNPS)$</a> fell 0.58% to $513.21, and <a href=\"https://laohu8.com/S/PANW\">Palo Alto Networks</a> Inc. (PANW) rose 0.91% to $215.60. \n</p>\n<p>\n     Trading volume (2.0 M) remained 427,838 below its 50-day average volume of 2.4 M. \n</p>\n<p>\n     Data source: Dow Jones Market Data, FactSet. Data compiled May 12, 2026. \n</p>\n<p>\n     This content was created by MarketWatch, which is operated by Dow Jones &amp; Co. 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Stock Underperforms Tuesday When Compared To Competitors\n\n\n  This article was automatically generated by MarketWatch using technology from Automated Insights. \n\n\n     Shares of Cadence Design Systems Inc. $(CDNS)$ slipped 1.69% to $358.04 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average  rising 0.11% to 49,760.56 and the S&P 500 Index  falling 0.16% to 7,400.96. \n\n\n     The stock's fall snapped a seven-day winning streak. \n\n\n     Cadence Design Systems Inc. closed 4.89% below its 52-week high of $376.45, which the company achieved on July 31st. \n\n\n     The stock underperformed when compared to some of its competitors Tuesday, as Fortinet Inc. $(FTNT)$ fell 1.36% to $113.87, Synopsys Inc. $(SNPS)$ fell 0.58% to $513.21, and Palo Alto Networks Inc. 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