Shares of electronic design automation company Cadence Design Systems (NASDAQ: CDNS) dropped late Wednesday, finishing the day down 10.4%. Cadence is just one of a handful of companies that makes the software semiconductor designers use to design chips.

Cadence Design Systems has received a letter from the Commerce Department's Bureau of Industry and Security informing the company of new restrictions on exports to China.

We recently published a list of 10 Stocks Crash Harder Than Wall Street. In this article, we are going to take a look at where Cadence Design Systems, Inc. (NASDAQ:CDNS) stands against other worst-performing stocks.

Key Insights Significantly high institutional ownership implies Cadence Design Systems' stock price is sensitive

The stock's rise snapped a three-day losing streak.

Reuters reported that the U.S. Commerce Department has issued notification letters to several Electronic Design Automation (EDA) software companies, including Cadence Design Systems Inc. (NASDAQ:CDNS),

What Happened? Shares of semiconductor design software provider Cadence Design Systems (NASDAQ:CDNS) fell 5.2% in the afternoon session after the Trump administration told US companies that make software for designing semiconductor chips to stop selling to China.

Cadence (CDNS) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.