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Shares of Cognizant Technology Solutions Corp. (CTSH) rose 2.76% to $85.20 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.78% to 4,649.23 and the Dow Jones Industrial Average rising 1.60% to 35,492.70. Cognizant Technology Solutions Corp. closed $0.74 below its 52-week high ($85.94), which the company achieved on December 17th.
The stock outperformed some of its competitors Tuesday, as Accenture PLC Cl A (ACN) rose 1.84% to $392.89, International Business Machines Corp. (IBM) rose 1.50% to $128.97, and Infosys Ltd. ADR (500209.BY) rose 2.24% to $24.22. Trading volume (2.1 M) remained 681,736 below its 50-day average volume of 2.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 21, 2021.
(END) Dow Jones Newswires
December 21, 2021 16:47 ET (21:47 GMT)
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