Home Latest Cognizant Technology Solutions Corp. stock falls Thursday, underperforms market

Cognizant Technology Solutions Corp. stock falls Thursday, underperforms market

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Cognizant Technology Solutions Corp. stock falls Thursday, underperforms market

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

slipped 0.10% to $79.08 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index
SPX,
+0.30%

rising 0.30% to 4,549.78 and the Dow Jones Industrial Average
DJIA,
-0.02%

falling 0.02% to 35,603.08. This was the stock’s second consecutive day of losses. Cognizant Technology Solutions Corp. closed $3.65 below its 52-week high ($82.73), which the company reached on December 17th.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Accenture PLC Cl A
ACN,
+0.38%

rose 0.38% to $347.12, International Business Machines Corp.
IBM,
-9.56%

fell 9.56% to $128.33, and Infosys Ltd. ADR
INFY,
-2.98%

fell 2.98% to $23.41. Trading volume (1.6 M) remained 890,248 below its 50-day average volume of 2.5 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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