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

Cognizant Technology Solutions Corp. stock falls Tuesday, underperforms market

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Cognizant Technology Solutions Corp. stock falls Tuesday, underperforms market

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Shares of Cognizant Technology Solutions Corp.
CTSH,
-0.27%

sank 0.27% to $78.75 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index
SPX,
+0.18%

rising 0.18% to 4,574.79 and the Dow Jones Industrial Average
DJIA,
+0.04%

rising 0.04% to 35,756.88. This was the stock’s fifth consecutive day of losses. Cognizant Technology Solutions Corp. closed $3.98 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 Tuesday, as Accenture PLC Cl A
ACN,
-0.03%

fell 0.03% to $356.34, International Business Machines Corp.
IBM,
-0.40%

fell 0.40% to $127.13, and Infosys Ltd. ADR
INFY,
-0.18%

fell 0.18% to $22.69. Trading volume (2.8 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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