Cognizant Technology Solutions Corp. Stock Outperforms Competitors On Strong Trading Day
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Shares of Cognizant Technology Solutions Corp. (CTSH) inched 0.73% higher to $88.73 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.26% to 36,398.21 and the S&P 500 Index falling 0.10% to 4,786.35. This was the stock's fifth consecutive day of gains. Cognizant Technology Solutions Corp. hit a new 52-week high, surpassing its previous peak of $88.18, which the company reached on December 27th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Accenture PLC Cl A (ACN) fell 0.01% to $415.27, International Business Machines Corp. (IBM) rose 0.77% to $132.63, and Infosys Ltd. ADR (500209.BY) fell 0.12% to $25.30. Trading volume (1.5 M) remained 1.2 million below its 50-day average volume of 2.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 28, 2021.
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December 28, 2021 16:47 ET (21:47 GMT)
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