Cognizant Technology Solutions Corp. stock rises Friday, still underperforms market


Cognizant Technology Solutions Corp. stock rises Friday, still underperforms market

Shares of Cognizant Technology Solutions Corp.
CTSH,
+1.81%

advanced 1.81% to $73.71 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index
SPX,
+1.95%

rising 1.95% to 3,841.94 and the Dow Jones Industrial Average
DJIA,
+1.85%

rising 1.85% to 31,496.30. The stock’s rise snapped a two-day losing streak. Cognizant Technology Solutions Corp. closed $9.02 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 Friday, as Accenture PLC Cl A
ACN,
+1.02%

rose 1.02% to $249.51, International Business Machines Corp.
IBM,
+2.26%

rose 2.26% to $122.83, and Infosys Ltd. ADR
INFY,
+0.61%

rose 0.61% to $18.28. Trading volume (2.6 M) remained 89,302 below its 50-day average volume of 2.7 M.


Editor’s Note: This story was auto-generated by Automated Insights using data from Dow Jones and FactSet. See our market data terms of use.


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