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Cognizant Technology Solutions Corp. stock rises Wednesday, outperforms market

Written by corres2

Shares of Cognizant Technology Solutions Corp.
CTSH,
+0.97%

inched 0.97% higher to $89.59 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index
SPX,
+0.14%

rising 0.14% to 4,793.06 and the Dow Jones Industrial Average
DJIA,
+0.25%

rising 0.25% to 36,488.63. This was the stock’s sixth consecutive day of gains. Cognizant Technology Solutions Corp. hit a new 52-week high, surpassing its previous peak of $88.89, which the company achieved on December 28th.

The stock outperformed some of its competitors Wednesday, as Accenture PLC Cl A
ACN,
+0.04%

rose 0.04% to $415.42, International Business Machines Corp.
IBM,
+0.54%

rose 0.54% to $133.35, and Infosys Ltd. ADR
INFY,
+0.32%

rose 0.32% to $25.38. Trading volume (2.0 M) remained 570,763 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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