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Shares of Cadence Design Systems Inc. (CDNS) rallied 1.09% to $271.42 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.53% to 49,501.30 and the S&amp;P 500 Index falling 0.51% to 6,882.72.
The stock's rise snapped a four-day losing streak.
Cadence Design Systems Inc. closed 27.90% below its 52-week high of $376.45, which the company reached on July 31st.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Fortinet Inc. (FTNT) rose 2.30% to $81.12, Synopsys Inc. (SNPS) fell 0.04% to $418.98, and Palo Alto Networks Inc. (PANW) rose 0.29% to $166.72.
Trading volume (5.0 M) eclipsed its 50-day average volume of 1.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 4, 2026.
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02-04-26 1643ET

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Cadence Design Systems Inc. (CDNS) saw its stock rise by 1.09% to $271.42 on Wednesday, breaking a four-day losing streak. Despite this gain, the stock remains 27.90% below its 52-week high of $376.45. In comparison to competitors, Fortinet Inc. rose 2.30%, while Synopsys Inc. fell slightly and Palo Alto Networks Inc. saw a modest increase. Overall, the trading session was mixed, with the Dow Jones up 0.53% and the S&P 500 down 0.51%.

- Cadence Design Systems Inc. (CDNS) saw its shares increase by 1.09% to $271.42 amidst a mixed stock market session where the Dow rose by 0.53% and the S&P 500 fell by 0.51%.  
- This increase ended a four-day losing streak, although the stock remains 27.90% below its 52-week high of $376.45 achieved on July 31st.  
- Trading volume reached 5.0 million, surpassing its 50-day average of 1.8 million, highlighting significant trading activity.

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Cadence Design Systems Inc. Stock Underperforms Wednesday When Compared To Competitors Despite Daily Gains