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Shares of Cognizant Technology Solutions Corp. (CTSH) inched 0.82% higher to $85.90 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.02% to 4,696.56 and the Dow Jones Industrial Average rising 0.74% to 35,753.89. This was the stock's second consecutive day of gains. Cognizant Technology Solutions Corp. closed $0.04 below its 52-week high ($85.94), which the company achieved on December 17th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Accenture PLC Cl A (ACN) rose 2.75% to $403.69, International Business Machines Corp. (IBM) rose 0.60% to $129.75, and Infosys Ltd. ADR (500209.BY) rose 1.28% to $24.53. Trading volume (1.9 M) remained 792,435 below its 50-day average volume of 2.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 22, 2021.
(END) Dow Jones Newswires
December 22, 2021 16:47 ET (21:47 GMT)
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