www.ebc.com
2026-06-08
EBC Financial Group
Cadence Design Systems (Nasdaq: CDNS) closed at $376.19 on June 5, with CDNS stock down 8.62% on the day, more than double the Nasdaq Composite's 4.18% decline, itself the index's worst session since April 2025.
The S&P 500 lost about 2.6%. For a company with a record $8.0 billion backlog and guidance for 17% revenue growth this year, the size of the move demands a better explanation than "tech