DJ Cadence Design Systems Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Cadence Design Systems Inc. $(CDNS)$ shed 1.68% to $327.63 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.37% to 6,796.29 and the Dow Jones Industrial Average rising 0.48% to 47,311.00.
This was the stock's third consecutive day of losses.
Cadence Design Systems Inc. closed 12.97% 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 Wednesday, as Fortinet Inc. $(FTNT)$ rose 0.90% to $85.99, Synopsys Inc. $(SNPS)$ fell 1.74% to $409.11, and Palo Alto Networks Inc. (PANW) fell 0.62% to $213.18.
Trading volume (2.2 M) eclipsed its 50-day average volume of 1.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 5, 2025.
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November 05, 2025 16:41 ET (21:41 GMT)
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