Shares of Cadence Design Systems Inc. /zigman2/quotes/207095682/composite CDNS +4.34% slid 2.15% to $139.38 Monday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +2.68% rising 0.08% to 32,223.42 and the S&P 500 Index /zigman2/quotes/210599714/realtime SPX +3.06% falling 0.39% to 4,008.01. The stock's fall snapped a two-day winning streak. Cadence Design Systems Inc. closed $53.32 below its 52-week high ($192.70), which the company achieved on December 28th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Autodesk Inc. /zigman2/quotes/209828392/composite ADSK +4.95% fell 2.28% to $192.58, Synopsys Inc. /zigman2/quotes/208349984/composite SNPS +2.66% fell 0.82% to $273.73, and Ansys Inc. /zigman2/quotes/207638775/composite ANSS +4.22% fell 2.64% to $247.85. Trading volume (1.3 M) remained 446,834 below its 50-day average volume of 1.7 M.