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

Dow Jones11-14 05:41

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) slid 3.09% to $323.01 Friday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.10% to 52,347.55 and the S&P 500 Index falling 0.40% to 7,561.67.

Cadence Design Systems Inc. closed 22.48% below 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 1.79% to $127.22, Synopsys Inc. (SNPS) fell 1.62% to $455.20, and Palo Alto Networks Inc. (PANW) fell 0.13% to $322.24.

Trading volume (1.5 M) remained 948,248 below its 50-day average volume of 2.5 M.

Data source: Dow Jones Market Data, FactSet. Data compiled November 13, 2026.

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