DJ Cadence Design Systems Inc. Stock Underperforms Friday When Compared To Competitors Despite Daily Gains
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Shares of Cadence Design Systems Inc. $(CDNS)$ advanced 2.32% to $373.35 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.49% to 6,664.36 and the Dow Jones Industrial Average rising 0.37% to 46,315.27.
This was the stock's second consecutive day of gains.
Cadence Design Systems Inc. closed 0.82% short of 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 Friday, as Fortinet Inc. $(FTNT)$ rose 3.98% to $84.21, Synopsys Inc. $(SNPS)$ rose 3.21% to $495.50, and Palo Alto Networks Inc. (PANW) rose 1.22% to $208.19.
Data source: Dow Jones Market Data, FactSet. Data compiled September 19, 2025.
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September 19, 2025 16:40 ET (20:40 GMT)
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