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,
-0.14%

slid 0.14% to $79.54 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index
SPX,
+0.42%

rising 0.42% to 4,680.06 and the Dow Jones Industrial Average
DJIA,
-0.09%

falling 0.09% to 36,124.23. The stock’s fall snapped a two-day winning streak. Cognizant Technology Solutions Corp. closed $3.19 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 Thursday, as Accenture PLC Cl A
ACN,
+1.30%

rose 1.30% to $366.80, International Business Machines Corp.
IBM,
-0.48%

fell 0.48% to $120.85, and Infosys Ltd. ADR
INFY,

remained unchanged. Trading volume (2.2 M) remained 139,910 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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