---
title: "Cadence Design Systems Inc. Stock Outperforms Competitors Despite Losses On The Day"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295012445.md"
description: "Cadence Design Systems (CDNS) shares fell 1.04% to $337.07 on Wednesday, outperforming competitors like Fortinet and Synopsys during a mixed market session. The stock remains 19.11% below its 52-week high of $416.69. Trading volume was notably lower than the 50-day average."
datetime: "2026-08-05T20:41:28.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295012445.md)
  - [en](https://longbridge.com/en/news/295012445.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295012445.md)
generator: "portal-rs"
---

# Cadence Design Systems Inc. Stock Outperforms Competitors Despite Losses On The Day

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

Shares of Cadence Design Systems Inc. (CDNS) slipped 1.04% to $337.07 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.49% to 54,349.12 and the S&P 500 Index falling 0.17% to 7,723.55.

Cadence Design Systems Inc. closed 19.11% short of 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 Wednesday, as Fortinet Inc. (FTNT) fell 2.47% to $164.13, Synopsys Inc. (SNPS) fell 0.75% to $400.82, and Palo Alto Networks Inc. (PANW) fell 1.00% to $362.66.

Trading volume (1.6 M) remained 880,393 below its 50-day average volume of 2.5 M.

Data source: Dow Jones Market Data, FactSet. Data compiled August 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

08-05-26 1641ET

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## Related News & Research

- [CDNS: Exponential chip complexity and agentic AI adoption are driving growth and new opportunities](https://longbridge.com/en/news/298495197.md)
- [06:19 ETIC Optimize Announces Odin and Joins the Cadence Connections Program](https://longbridge.com/en/news/298301349.md)
- [Thornburg Investment Management Inc. Raises Stake in Cadence Design Systems, Inc. $CDNS](https://longbridge.com/en/news/297423361.md)
- [Cadence Design Systems Inc. Stock Underperforms Tuesday When Compared To Competitors](https://longbridge.com/en/news/298363753.md)
- [Cadence stock can be an AI winner. The earnings prove it.](https://longbridge.com/en/news/293972686.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**