---
title: "Cadence Design Systems Inc. Stock Underperforms Wednesday When Compared To Competitors"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295707502.md"
description: "Cadence Design Systems (CDNS) shares fell 1.34% to $323.13 on Wednesday, underperforming competitors like Synopsys and Palo Alto Networks during a mixed market session. This marks the third consecutive day of losses for CDNS, which is now 22.45% below its 52-week high. Trading volume was below the 50-day average."
datetime: "2026-08-12T20:42:42.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295707502.md)
  - [en](https://longbridge.com/en/news/295707502.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295707502.md)
generator: "portal-rs"
---

# 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) slipped 1.34% to $323.13 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.26% to 7,748.50 and the Dow Jones Industrial Average falling 0.04% to 53,770.27.

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

Cadence Design Systems Inc. closed 22.45% below its 52-week high of $416.69, which the company reached on June 2nd.

The stock underperformed when compared to some of its competitors Wednesday, as Fortinet Inc. (FTNT) fell 0.65% to $160.84, Synopsys Inc. (SNPS) rose 0.34% to $412.32, and Palo Alto Networks Inc. (PANW) rose 0.84% to $387.01.

Trading volume (2.0 M) remained 446,985 below its 50-day average volume of 2.5 M.

Data source: Dow Jones Market Data, FactSet. Data compiled August 12, 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

08-12-26 1642ET

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- [FTNT.US](https://longbridge.com/en/quote/FTNT.US.md)
- [SNPS.US](https://longbridge.com/en/quote/SNPS.US.md)
- [PANW.US](https://longbridge.com/en/quote/PANW.US.md)

## Related News & Research

- [CDNS: Exponential chip complexity and agentic AI adoption are driving growth and new opportunities](https://longbridge.com/en/news/298495197.md)
- [Cadence Design Systems Inc. Stock Outperforms Competitors On Strong Trading Day](https://longbridge.com/en/news/298768417.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)
- [OpenAI pushes cost-per-task pricing as it expands into chip design and finance](https://longbridge.com/en/news/298399486.md)

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