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

Dow Jones07-30

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

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

Shares of Cadence Design Systems Inc. $(CDNS)$ shed 3.47% to $332.76 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.52% to 7,316.15 and Dow Jones Industrial Average falling 2.19% to 51,594.14.

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

Cadence Design Systems Inc. closed 20.14% short of its 52-week high of $416.69, which the company achieved on June 2nd.

The stock underperformed when compared to some of its competitors Wednesday, as Fortinet Inc. $(FTNT)$ rose 2.16% to $153.22, Synopsys Inc. $(SNPS)$ fell 2.64% to $373.69, and Palo Alto Networks Inc. (PANW) fell 1.52% to $314.15.

Trading volume (3.4 M) eclipsed its 50-day average volume of 2.5 M.

Data source: Dow Jones Market Data, FactSet. Data compiled July 29, 2026.

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Stock Underperforms Wednesday 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 3.47% to $332.76 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&amp;P 500 Index  falling 1.52% to 7,316.15 and Dow Jones Industrial Average  falling 2.19% to 51,594.14. \n</p>\n<p>\n     The stock's fall snapped a two-day winning streak. \n</p>\n<p>\n     Cadence Design Systems Inc. closed 20.14% short of its 52-week high of $416.69, which the company achieved on June 2nd. \n</p>\n<p>\n     The stock underperformed when compared to some of its competitors Wednesday, as Fortinet Inc. <a href=\"https://laohu8.com/S/FTNT\">$(FTNT)$</a> rose 2.16% to $153.22, Synopsys Inc. <a href=\"https://laohu8.com/S/SNPS\">$(SNPS)$</a> fell 2.64% to $373.69, and <a href=\"https://laohu8.com/S/PANW\">Palo Alto Networks</a> Inc. 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Stock Underperforms Wednesday When Compared to Competitors\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-07-30 04:40</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nDJ Cadence Design Systems Inc. Stock Underperforms Wednesday When Compared To Competitors\n</p>\n<p>\n  This article was automatically generated by MarketWatch using technology from Automated Insights. \n</p>\n<p>\n     Shares of Cadence Design Systems Inc. <a href=\"https://laohu8.com/S/CDNS\">$(CDNS)$</a> shed 3.47% to $332.76 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&amp;P 500 Index  falling 1.52% to 7,316.15 and Dow Jones Industrial Average  falling 2.19% to 51,594.14. \n</p>\n<p>\n     The stock's fall snapped a two-day winning streak. \n</p>\n<p>\n     Cadence Design Systems Inc. closed 20.14% short of its 52-week high of $416.69, which the company achieved on June 2nd. \n</p>\n<p>\n     The stock underperformed when compared to some of its competitors Wednesday, as Fortinet Inc. <a href=\"https://laohu8.com/S/FTNT\">$(FTNT)$</a> rose 2.16% to $153.22, Synopsys Inc. <a href=\"https://laohu8.com/S/SNPS\">$(SNPS)$</a> fell 2.64% to $373.69, and <a href=\"https://laohu8.com/S/PANW\">Palo Alto Networks</a> Inc. 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