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Shares of Cognizant Technology Solutions Corp. (CTSH) inched 0.45% higher to $86.29 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.62% to 4,725.79 and the Dow Jones Industrial Average rising 0.55% to 35,950.56. This was the stock's third consecutive day of gains. Cognizant Technology Solutions Corp. hit a new 52-week high, surpassing its previous peak of $85.97, which the company achieved on December 22nd.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Accenture PLC Cl A (ACN) fell 0.09% to $403.31, International Business Machines Corp. (IBM) rose 0.68% to $130.63, and Infosys Ltd. ADR (500209.BY) rose 0.82% to $24.73. Trading volume (1.5 M) remained 1.3 million below its 50-day average volume of 2.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 23, 2021.
(END) Dow Jones Newswires
December 23, 2021 16:47 ET (21:47 GMT)
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