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

Dow Jones06-06

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. $(CDNS)$ shed 8.62% to $376.19 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 2.64% to 7,383.74 and Dow Jones Industrial Average falling 1.35% to 50,866.78.

Cadence Design Systems Inc. closed 9.72% short of its 52-week high of $416.69, which the company reached on June 2nd.

The stock underperformed when compared to some of its competitors Friday, as Fortinet Inc. $(FTNT)$ fell 3.33% to $144.68, Synopsys Inc. $(SNPS)$ fell 5.99% to $464.85, and Palo Alto Networks Inc. (PANW) fell 2.58% to $272.05.

Trading volume (3.4 M) eclipsed its 50-day average volume of 2.4 M.

Data source: Dow Jones Market Data, FactSet. Data compiled June 5, 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

June 05, 2026 16:37 ET (20:37 GMT)

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

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Stock Underperforms Friday 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\">2026-06-06 04:37</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 Friday 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> shed 8.62% to $376.19 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&amp;P 500 Index  falling 2.64% to 7,383.74 and Dow Jones Industrial Average  falling 1.35% to 50,866.78. \n</p>\n<p>\n     Cadence Design Systems Inc. closed 9.72% short of its 52-week high of $416.69, which the company reached on June 2nd. \n</p>\n<p>\n     The stock underperformed when compared to some of its competitors Friday, as Fortinet Inc. <a href=\"https://laohu8.com/S/FTNT\">$(FTNT)$</a> fell 3.33% to $144.68, Synopsys Inc. <a href=\"https://laohu8.com/S/SNPS\">$(SNPS)$</a> fell 5.99% to $464.85, and <a href=\"https://laohu8.com/S/PANW\">Palo Alto Networks</a> Inc. 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Stock Underperforms Friday 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. $(CDNS)$ shed 8.62% to $376.19 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index  falling 2.64% to 7,383.74 and Dow Jones Industrial Average  falling 1.35% to 50,866.78. \n\n\n     Cadence Design Systems Inc. closed 9.72% short of its 52-week high of $416.69, which the company reached on June 2nd. \n\n\n     The stock underperformed when compared to some of its competitors Friday, as Fortinet Inc. $(FTNT)$ fell 3.33% to $144.68, Synopsys Inc. $(SNPS)$ fell 5.99% to $464.85, and Palo Alto Networks Inc. (PANW) fell 2.58% to $272.05. \n\n\n     Trading volume (3.4 M) eclipsed its 50-day average volume of 2.4 M. \n\n\n     Data source: Dow Jones Market Data, FactSet. 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