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

Cognizant Technology Solutions Corp. stock falls Wednesday, underperforms market

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Cognizant Technology Solutions Corp. stock falls Wednesday, underperforms market

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Shares of Cognizant Technology Solutions Corp.
CTSH,
-1.32%

slid 1.32% to $77.71 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index
SPX,
-0.51%

falling 0.51% to 4,551.68 and Dow Jones Industrial Average
DJIA,
-0.74%

falling 0.74% to 35,490.69. This was the stock’s sixth consecutive day of losses. Cognizant Technology Solutions Corp. closed $5.02 below 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 Wednesday, as Accenture PLC Cl A
ACN,
-0.64%

fell 0.64% to $354.05, International Business Machines Corp.
IBM,
-1.54%

fell 1.54% to $125.17, and Infosys Ltd. ADR
INFY,
-0.62%

fell 0.62% to $22.55. Trading volume (4.1 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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