Cognizant Technology Solutions Corp. stock outperforms competitors despite losses on the day


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

Shares of Cognizant Technology Solutions Corp.
CTSH,
-0.57%

dropped 0.57% to $78.12 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index
SPX,
+0.36%

rising 0.36% to 3,972.89 and the Dow Jones Industrial Average
DJIA,
-0.26%

falling 0.26% to 32,981.55. Cognizant Technology Solutions Corp. closed $4.61 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,
-0.83%

fell 0.83% to $276.25, International Business Machines Corp.
IBM,
-1.08%

fell 1.08% to $133.26, and Infosys Ltd. ADR
INFY,
-0.43%

fell 0.43% to $18.72. Trading volume (3.6 M) eclipsed 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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