DJ Cadence Design Systems Inc. Stock Underperforms Friday When Compared To Competitors
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Shares of Cadence Design Systems Inc. $(CDNS)$ shed 3.16% to $343.48 Friday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.05% to 6,584.29 and Dow Jones Industrial Average falling 0.59% to 45,834.22.
Cadence Design Systems Inc. closed 8.76% short of its 52-week high of $376.45, which the company reached on July 31st.
The stock underperformed when compared to some of its competitors Friday, as Fortinet Inc. $(FTNT)$ fell 1.50% to $79.68, Synopsys Inc. $(SNPS)$ fell 2.89% to $425.45, and Palo Alto Networks Inc. (PANW) fell 1.03% to $196.29.
Trading volume (1.6 M) remained 140,794 below its 50-day average volume of 1.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 12, 2025.
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September 12, 2025 16:40 ET (20:40 GMT)
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