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Shares of Cognizant Technology Solutions Corp.
CTSH,
shed 0.79% to $79.16 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index
SPX,
rising 0.37% to 4,536.19 and the Dow Jones Industrial Average
DJIA,
rising 0.43% to 35,609.34. The stock’s fall snapped a five-day winning streak. Cognizant Technology Solutions Corp. closed $3.57 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 Wednesday, as Accenture PLC Cl A
ACN,
fell 1.13% to $345.80, International Business Machines Corp.
IBM,
fell 0.06% to $141.90, and Infosys Ltd. ADR
INFY,
fell 0.37% to $24.13. Trading volume (1.8 M) remained 817,175 below its 50-day average volume of 2.6 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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