Cadence Design Systems Inc. Stock Underperforms Thursday When Compared to Competitors

Dow Jones

7 hours ago

DJ Cadence Design Systems Inc. Stock Underperforms Thursday When Compared To Competitors

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Cadence Design Systems Inc. (CDNS) slipped 2.04% to $348.84 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.10% to 51,231.64 and the S&P 500 Index falling 0.47% to 7,765.36.

This was the stock's second consecutive day of losses.

Cadence Design Systems Inc. closed 16.28% below its 52-week high of $416.69, which the company achieved on June 2nd.

The stock underperformed when compared to some of its competitors Thursday, as Fortinet Inc. $(FTNT)$ fell 0.10% to $189.10, Synopsys Inc. (SNPS) fell 0.98% to $497.75, and Palo Alto Networks Inc. (PANW) fell 1.74% to $398.50.

Trading volume (1.6 M) remained 830,351 below its 50-day average volume of 2.4 M.

Data source: Dow Jones Market Data, FactSet. Data compiled October 8, 2026.

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Stock Underperforms Thursday When Compared To Competitors\n</p>\n<p>\n  This article was automatically generated by MarketWatch using technology from Automated Insights. \n</p>\n<p>\n     Shares of Cadence Design Systems Inc. (CDNS) slipped 2.04% to $348.84 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average  rising 0.10% to 51,231.64 and the S&amp;P 500 Index  falling 0.47% to 7,765.36. \n</p>\n<p>\n     This was the stock's second consecutive day of losses. \n</p>\n<p>\n     Cadence Design Systems Inc. closed 16.28% below its 52-week high of $416.69, which the company achieved on June 2nd. \n</p>\n<p>\n     The stock underperformed when compared to some of its competitors Thursday, as Fortinet Inc. <a href=\"https://laohu8.com/S/FTNT\">$(FTNT)$</a> fell 0.10% to $189.10, Synopsys Inc. (SNPS) fell 0.98% to $497.75, and Palo Alto Networks Inc. 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Stock Underperforms Thursday When Compared to Competitors\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-10-09 04:40</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nDJ Cadence Design Systems Inc. Stock Underperforms Thursday When Compared To Competitors\n</p>\n<p>\n  This article was automatically generated by MarketWatch using technology from Automated Insights. \n</p>\n<p>\n     Shares of Cadence Design Systems Inc. (CDNS) slipped 2.04% to $348.84 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average  rising 0.10% to 51,231.64 and the S&amp;P 500 Index  falling 0.47% to 7,765.36. \n</p>\n<p>\n     This was the stock's second consecutive day of losses. \n</p>\n<p>\n     Cadence Design Systems Inc. closed 16.28% below its 52-week high of $416.69, which the company achieved on June 2nd. \n</p>\n<p>\n     The stock underperformed when compared to some of its competitors Thursday, as Fortinet Inc. <a href=\"https://laohu8.com/S/FTNT\">$(FTNT)$</a> fell 0.10% to $189.10, Synopsys Inc. (SNPS) fell 0.98% to $497.75, and Palo Alto Networks Inc. (PANW) fell 1.74% to $398.50. \n</p>\n<p>\n     Trading volume (1.6 M) remained 830,351 below its 50-day average volume of 2.4 M. \n</p>\n<p>\n     Data source: Dow Jones Market Data, FactSet. 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Stock Underperforms Thursday When Compared To CompetitorsThis article was automatically generated by MarketWatch using technology from Automated Insights.Shares of Cadence Design Systems Inc.  slipped 2.04% to $348.84 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average  rising 0.10% to 51,231.64 and the S&P 500 Index  falling 0.47% to 7,765.36.This was the stock's second consecutive day of losses.Cadence Design Systems Inc. closed 16.28% below its 52-week high of $416.69, which the company achieved on June 2nd.The stock underperformed when compared to some of its competitors Thursday, as Fortinet Inc.  fell 0.10% to $189.10, Synopsys Inc.  fell 0.98% to $497.75, and Palo Alto Networks Inc.  fell 1.74% to $398.50.Trading volume  remained 830,351 below its 50-day average volume of 2.4 M.Data source: Dow Jones Market Data, FactSet. 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Stock Underperforms Thursday When Compared To Competitors\n\n\n  This article was automatically generated by MarketWatch using technology from Automated Insights. \n\n\n     Shares of Cadence Design Systems Inc. (CDNS) slipped 2.04% to $348.84 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average  rising 0.10% to 51,231.64 and the S&P 500 Index  falling 0.47% to 7,765.36. \n\n\n     This was the stock's second consecutive day of losses. \n\n\n     Cadence Design Systems Inc. closed 16.28% below its 52-week high of $416.69, which the company achieved on June 2nd. \n\n\n     The stock underperformed when compared to some of its competitors Thursday, as Fortinet Inc. $(FTNT)$ fell 0.10% to $189.10, Synopsys Inc. (SNPS) fell 0.98% to $497.75, and Palo Alto Networks Inc. (PANW) fell 1.74% to $398.50. \n\n\n     Trading volume (1.6 M) remained 830,351 below its 50-day average volume of 2.4 M. \n\n\n     Data source: Dow Jones Market Data, FactSet. Data compiled October 8, 2026.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}