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Shares of Cognizant Technology Solutions Corp. (CTSH) shed 0.25% to $88.72 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.26% to 4,766.18 and Dow Jones Industrial Average falling 0.16% to 36,338.30. This was the stock's second consecutive day of losses. Cognizant Technology Solutions Corp. closed $1.36 short of its 52-week high ($90.08), which the company reached on December 29th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Accenture PLC Cl A (ACN) rose 0.17% to $414.55, International Business Machines Corp. (IBM) fell 0.19% to $133.66, and Infosys Ltd. ADR (500209.BY) fell 0.39% to $25.31. Trading volume (1.3 M) remained 1.3 million below its 50-day average volume of 2.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 31, 2021.
(END) Dow Jones Newswires
December 31, 2021 16:47 ET (21:47 GMT)
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