--- 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 - [Limited partners (LPs) on Robinhood Chain are also starting to "make money".](https://longbridge.com/en/news/297783913.md) - [RIA referrals, tech and service: How TradePMR by Robinhood pitches advisors](https://longbridge.com/en/news/297961522.md) - [Thornburg Investment Management Inc. Raises Stake in Cadence Design Systems, Inc. $CDNS](https://longbridge.com/en/news/297423361.md) - [Schwab raises fees on wealthy clients as upmarket push continues](https://longbridge.com/en/news/298058103.md) - [Charles Schwab declares Q3 2026 dividend of R$ 0.14 per unit](https://longbridge.com/en/news/297683088.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**