DJ Cadence Design Systems Inc. Stock Underperforms Monday When Compared To Competitors
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Shares of Cadence Design Systems Inc. $(CDNS)$ slipped 1.63% to $377.92 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.79% to 7,515.34 and Dow Jones Industrial Average falling 0.26% to 52,498.64.
This was the stock's second consecutive day of losses.
Cadence Design Systems Inc. closed 9.30% below its 52-week high of $416.69, which the company reached on June 2nd.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Fortinet Inc. $(FTNT)$ rose 1.97% to $160.62, Synopsys Inc. $(SNPS)$ fell 2.62% to $433.82, and Palo Alto Networks Inc. (PANW) rose 1.35% to $330.30.
Trading volume (1.3 M) remained 1.0 million below its 50-day average volume of 2.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 13, 2026.
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July 13, 2026 16:39 ET (20:39 GMT)
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