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

Dow Jones10-21

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 1.82% to $319.93 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.28% to 7,712.57 and the Dow Jones Industrial Average rising 1.02% to 52,495.88.

Cadence Design Systems Inc. closed 23.22% short of its 52-week high of $416.69, which the company reached on June 2nd.

The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Fortinet Inc. $(FTNT)$ fell 0.27% to $171.03, Synopsys Inc. (SNPS) fell 1.54% to $447.60, and Palo Alto Networks Inc. (PANW) fell 1.92% to $340.28.

Data source: Dow Jones Market Data, FactSet. Data compiled October 20, 2026.

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