---
title: "Cadence Design Systems Inc. Stock Underperforms Wednesday When Compared To Competitors"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/289374285.md"
description: "Cadence Design Systems (CDNS) shares fell 1.48% to $385.13 on Wednesday, underperforming competitors like Fortinet and Palo Alto Networks during a broader market decline. This marks the second consecutive day of losses for CDNS, which is now 7.57% below its 52-week high. Trading volume remained below the 50-day average."
datetime: "2026-06-10T20:39:04.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/289374285.md)
  - [en](https://longbridge.com/en/news/289374285.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/289374285.md)
---

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

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

Shares of Cadence Design Systems Inc. (CDNS) shed 1.48% to $385.13 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.62% to 7,266.99 and Dow Jones Industrial Average falling 1.87% to 49,918.78.

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

Cadence Design Systems Inc. closed 7.57% 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 Wednesday, as Fortinet Inc. (FTNT) rose 0.35% to $138.88, Synopsys Inc. (SNPS) fell 1.02% to $460.54, and Palo Alto Networks Inc. (PANW) rose 1.04% to $263.22.

Trading volume (1.8 M) remained 662,321 below its 50-day average volume of 2.4 M.

Data source: Dow Jones Market Data, FactSet. Data compiled June 10, 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

06-10-26 1639ET

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- [Vontobel Holding Ltd. Boosts Stock Holdings in Cadence Design Systems, Inc. $CDNS](https://longbridge.com/en/news/289664537.md)
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