DJ Cadence Design Systems Inc. Stock Underperforms Friday When Compared To Competitors
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Shares of Cadence Design Systems Inc. $(CDNS)$ shed 6.19% to $327.07 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 2.71% to 6,552.51 and Dow Jones Industrial Average falling 1.90% to 45,479.60.
This was the stock's second consecutive day of losses.
Cadence Design Systems Inc. closed 13.12% 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 Friday, as Fortinet Inc. $(FTNT)$ fell 3.65% to $83.04, Synopsys Inc. $(SNPS)$ fell 9.40% to $438.89, and Palo Alto Networks Inc. (PANW) fell 3.08% to $208.55.
Trading volume (2.1 M) eclipsed its 50-day average volume of 1.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 10, 2025.
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October 10, 2025 16:41 ET (20:41 GMT)
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