Cognizant Technology Solutions Corp. stock falls Monday, underperforms market


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

Shares of Cognizant Technology Solutions Corp.
CTSH,
-1.49%

slipped 1.49% to $78.06 Monday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average
DJIA,
+0.30%

rising 0.30% to 33,171.37 and the S&P 500 Index
SPX,
-0.09%

falling 0.09% to 3,971.09. The stock’s fall snapped a three-day winning streak. Cognizant Technology Solutions Corp. closed $4.67 short of 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 Monday, as Accenture PLC Cl A
ACN,
-0.44%

fell 0.44% to $279.54, International Business Machines Corp.
IBM,
-0.38%

fell 0.38% to $135.86, and Infosys Ltd. ADR
INFY,
-1.55%

fell 1.55% to $18.43. Trading volume (2.9 M) remained 124,137 below its 50-day average volume of 3.1 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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