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Shares of Cognizant Technology Solutions Corp.
CTSH,
dropped 0.50% to $77.32 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index
SPX,
rising 0.98% to 4,596.42 and the Dow Jones Industrial Average
DJIA,
rising 0.68% to 35,730.48. This was the stock’s seventh consecutive day of losses. Cognizant Technology Solutions Corp. closed $5.41 below its 52-week high ($82.73), which the company achieved on December 17th.
The stock underperformed when compared to some of its competitors Thursday, as Accenture PLC Cl A
ACN,
rose 0.64% to $356.32, International Business Machines Corp.
IBM,
rose 0.54% to $125.84, and Infosys Ltd. ADR
INFY,
rose 0.04% to $22.56. Trading volume (5.0 M) eclipsed 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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