Nasdaq 100 Leaders and Laggards: CSNS ATVI

The Nasdaq 100 ended lower on Tuesday, pressured by a weak reading on wholesale inflation and oil prices that remained at elevated levels.

The index, which includes 100 of the largest nonfinancial securities listed on the Nasdaq Stock Market, gave up 11.94 points to 1,972.82. The broader Nasdaq composite fell 17.05 points to 2,457.73.

Shares of Cadence Design Systems Inc. retreated 75 cents, or 6.5 percent, to $10.84. The company earlier offered $16 per share, or about $1.45 billion, to buy smaller rival Mentor Graphics Corp., but Mentor rejected the offer as too low.

Shares of information technology company Citrix Systems Inc. shed $1.88, or 5.6 percent, to $31.72 after the company's head of sales resigned, and an analyst downgraded the stock.

Shares of Hansen Natural Corp. slipped $2.05, or 5.4 percent, to $35.67.

On the gaining side, shares of Activision Inc. rose $1.70, or 4.9 percent, to $36.66, and set a 52-week high of $36.84 earlier in the session.

Wireless communications company Leap Wireless International Inc. rose $2.17, or 4.2 percent, to $53.80.

Apple Inc. rose $4.59, or 2.6 percent, to $181.43.