This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Cadence Design Systems Inc. shed 5.3% to $283.46 on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.1% to 6,843.22 and the Dow Jones Industrial Average rising 0.1% to 49,533.19.
Cadence Design Systems Inc. closed 24.7% below its 52-week high of $376.45, which the company achieved on July 31st.
The stock underperformed when compared to some of its peers, as Fortinet Inc. fell 4.5% to $81.69, Synopsys Inc. fell 3.5% to $421.95, and Palo Alto Networks Inc. fell 2.07% to $163.50.
Trading volume totaled 5.4 million, compared to the 50-day average of 2.0 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
February 17, 2026 16:34 ET (21:34 GMT)
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