Home Latest Cognizant Technology Solutions Corp. stock falls Friday, still outperforms market

Cognizant Technology Solutions Corp. stock falls Friday, still outperforms market

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Cognizant Technology Solutions Corp. stock falls Friday, still outperforms market

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Shares of Cognizant Technology Solutions Corp.
CTSH,
-0.10%

slumped 0.10% to $79.00 Friday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average
DJIA,
+0.21%

rising 0.21% to 35,677.02 and the S&P 500 Index
SPX,
-0.11%

falling 0.11% to 4,544.90. This was the stock’s third consecutive day of losses. Cognizant Technology Solutions Corp. closed $3.73 short of its 52-week high ($82.73), which the company achieved on December 17th.

The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Accenture PLC Cl A
ACN,
+1.92%

rose 1.92% to $353.79, International Business Machines Corp.
IBM,
-0.35%

fell 0.35% to $127.88, and Infosys Ltd. ADR
INFY,
-1.71%

fell 1.71% to $23.01. Trading volume (1.7 M) remained 709,205 below its 50-day average volume of 2.4 M.


Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

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