---
title: "Cadence Design Systems Inc. Stock Underperforms Friday When Compared To Competitors"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/288903620.md"
description: "Cadence Design Systems (CDNS) shares fell 8.62% to $376.19 on Friday, underperforming competitors like Fortinet, Synopsys, and Palo Alto Networks during a broad market decline. The S&P 500 dropped 2.64%, while the Dow Jones fell 1.35%. CDNS closed 9.72% below its 52-week high of $416.69. Trading volume reached 3.4 million, exceeding the 50-day average of 2.4 million."
datetime: "2026-06-05T20:37:55.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/288903620.md)
  - [en](https://longbridge.com/en/news/288903620.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/288903620.md)
---

# Cadence Design Systems Inc. Stock Underperforms Friday When Compared To Competitors

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

Shares of Cadence Design Systems Inc. (CDNS) shed 8.62% to $376.19 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 2.64% to 7,383.74 and Dow Jones Industrial Average falling 1.35% to 50,866.78.

Cadence Design Systems Inc. closed 9.72% short of its 52-week high of $416.69, which the company reached on June 2nd.

The stock underperformed when compared to some of its competitors Friday, as Fortinet Inc. (FTNT) fell 3.33% to $144.68, Synopsys Inc. (SNPS) fell 5.99% to $464.85, and Palo Alto Networks Inc. (PANW) fell 2.58% to $272.05.

Trading volume (3.4 M) eclipsed its 50-day average volume of 2.4 M.

Data source: Dow Jones Market Data, FactSet. Data compiled June 5, 2026.

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

06-05-26 1637ET

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