DJ Cadence Design Systems Inc. Stock Underperforms Thursday When Compared To Competitors
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Shares of Cadence Design Systems Inc. $(CDNS)$ slipped 2.76% to $296.59 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.28% to 6,861.89 and Dow Jones Industrial Average falling 0.54% to 49,395.16.
Cadence Design Systems Inc. closed 21.21% short of its 52-week high of $376.45, which the company achieved on July 31st.
The stock underperformed when compared to some of its competitors Thursday, as Fortinet Inc. $(FTNT)$ rose 1.21% to $81.67, Synopsys Inc. $(SNPS)$ rose 0.03% to $442.44, and Palo Alto Networks Inc. (PANW) fell 0.89% to $150.99.
Trading volume (2.7 M) eclipsed its 50-day average volume of 2.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 19, 2026.
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February 19, 2026 16:42 ET (21:42 GMT)
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