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Shares of Cognizant Technology Solutions Corp.
CTSH,
rallied 1.43% to $75.27 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index
SPX,
rising 1.15% to 4,357.04 and the Dow Jones Industrial Average
DJIA,
rising 1.43% to 34,326.46. The stock’s rise snapped a three-day losing streak. Cognizant Technology Solutions Corp. closed $7.46 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 Friday, as Accenture PLC Cl A
ACN,
rose 1.54% to $324.86, International Business Machines Corp.
IBM,
rose 3.16% to $143.32, and Infosys Ltd. ADR
INFY,
rose 0.36% to $22.33. Trading volume (2.4 M) remained 410,462 below its 50-day average volume of 2.8 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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