---
title: "Three Stocks at the Bottom in Performance"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/297792739.md"
description: "Three stocks underperformed recently: Axon (AXON) dropped to $518.30 despite strong earnings, Cadence (CDNS) fell 7.6% to $313.04 amid high valuation concerns, and Interactive Brokers (IBKR) declined 7.1%. Meanwhile, Futu (FUTU) and Schwab (SCHW) maintained uptrends, while Robinhood (HOOD) and Coinbase (COIN) traded sideways awaiting stablecoin regulations."
datetime: "2026-09-02T13:16:43.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/297792739.md)
  - [en](https://longbridge.com/en/news/297792739.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/297792739.md)
generator: "portal-rs"
---

# Three Stocks at the Bottom in Performance

In the last day, investors watched three stocks perform at the bottom. The 7% drop or more might reverse if sentiment changes.

Axon Enterprises (AXON) broke down after failing to trade above $650. The stock fell from the low $600s to $518.30 in just three trading sessions. On August 5, Axon posted a 35.3% Y/Y increase in revenue, to $904.3 million. It also reported strong bookings and raised its guidance.

Shareholders are nervous about Axon’s generous stock-based compensation.

Cadence Design Systems (CDNS) continued its downtrend after falling by 7.6% on Tuesday. The stock peaked at $416.69 on June 1. Since then, CDNS stock has formed an inexplicable downtrend. Closing at $313.04, the stock still trades at a premium. Its P/E is 42.4 times, 69% above the sector median.

CDNS stock has a lofty market capitalization of $86.2 billion. The stock risks re-testing April’s lows in the $280 range.

Markets sold brokerage stocks. Interactive Brokers (IBKR) fell by 7.1% to close at $90.39. The chart showed a bearish multiple-top pattern around $97. Futu Holdings (FUTU) also traded lower, but the stock is still holding an uptrend. Schwab (SCHW) also has an uptrend intact despite its small, recent dip of 3.55%.

Robinhood (HOOD) and Coinbase (COIN) are stuck in a wide trading range. The markets are waiting for the government to pass stablecoin regulations. That would give crypto platforms more transaction volume, lifting their revenue.

### Related Stocks

- [CDNS.US](https://longbridge.com/en/quote/CDNS.US.md)
- [HOOD.US](https://longbridge.com/en/quote/HOOD.US.md)
- [SCHW.US](https://longbridge.com/en/quote/SCHW.US.md)
- [AXON.US](https://longbridge.com/en/quote/AXON.US.md)
- [FUTU.US](https://longbridge.com/en/quote/FUTU.US.md)
- [COIN.US](https://longbridge.com/en/quote/COIN.US.md)
- [IBKR.US](https://longbridge.com/en/quote/IBKR.US.md)
- [AXUP.US](https://longbridge.com/en/quote/AXUP.US.md)
- [CONL.US](https://longbridge.com/en/quote/CONL.US.md)
- [COIW.US](https://longbridge.com/en/quote/COIW.US.md)
- [FIAT.US](https://longbridge.com/en/quote/FIAT.US.md)
- [FUTG.US](https://longbridge.com/en/quote/FUTG.US.md)
- [CONY.US](https://longbridge.com/en/quote/CONY.US.md)
- [COIG.US](https://longbridge.com/en/quote/COIG.US.md)
- [ROBN.US](https://longbridge.com/en/quote/ROBN.US.md)
- [HOOG.US](https://longbridge.com/en/quote/HOOG.US.md)
- [HOOX.US](https://longbridge.com/en/quote/HOOX.US.md)
- [HODU.US](https://longbridge.com/en/quote/HODU.US.md)
- [HOOI.US](https://longbridge.com/en/quote/HOOI.US.md)
- [HOOW.US](https://longbridge.com/en/quote/HOOW.US.md)
- [HOOY.US](https://longbridge.com/en/quote/HOOY.US.md)
- [HOOZ.US](https://longbridge.com/en/quote/HOOZ.US.md)
- [HOYY.US](https://longbridge.com/en/quote/HOYY.US.md)
- [COIA.US](https://longbridge.com/en/quote/COIA.US.md)
- [COIO.US](https://longbridge.com/en/quote/COIO.US.md)
- [CONI.US](https://longbridge.com/en/quote/CONI.US.md)
- [CONX.US](https://longbridge.com/en/quote/CONX.US.md)
- [COYY.US](https://longbridge.com/en/quote/COYY.US.md)
- [ICOI.US](https://longbridge.com/en/quote/ICOI.US.md)
- [03588.HK](https://longbridge.com/en/quote/03588.HK.md)
- [07711.HK](https://longbridge.com/en/quote/07711.HK.md)
- [09311.HK](https://longbridge.com/en/quote/09311.HK.md)
- [SCHW-D.US](https://longbridge.com/en/quote/SCHW-D.US.md)
- [SCHW-J.US](https://longbridge.com/en/quote/SCHW-J.US.md)

## Related News & Research

- [Schwab raises fees on wealthy clients as upmarket push continues](https://longbridge.com/en/news/298058103.md)
- [Charles Schwab declares Q3 2026 dividend of R$ 0.14 per unit](https://longbridge.com/en/news/297683088.md)
- [Thornburg Investment Management Inc. Raises Stake in Cadence Design Systems, Inc. $CDNS](https://longbridge.com/en/news/297423361.md)
- [Charles Schwab MD Neesha Hathi disposes of 3,177 common shares worth $346,425.02](https://longbridge.com/en/news/297844215.md)
- [Major Insider Move at Charles Schwab Shakes Up Investor Watchlists](https://longbridge.com/en/news/297257418.md)

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