DJ Cadence Design Systems Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Cadence Design Systems Inc. $(CDNS)$ shed 1.27% to $345.19 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.43% to 6,439.32 and Dow Jones Industrial Average falling 0.77% to 45,282.47.
The stock's fall snapped a two-day winning streak.
Cadence Design Systems Inc. closed 8.30% below its 52-week high of $376.45, which the company reached on July 31st.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Fortinet Inc. $(FTNT)$ fell 2.97% to $77.64, Synopsys Inc. $(SNPS)$ fell 1.57% to $597.00, and Palo Alto Networks Inc. (PANW) fell 0.72% to $184.55.
Trading volume (999,267) remained 735,509 below its 50-day average volume of 1.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 25, 2025.
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August 25, 2025 16:40 ET (20:40 GMT)
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