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Shares of Cognizant Technology Solutions Corp. (CTSH) rallied 2.07% to $91.42 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.59% to 36,799.65 and the S&P 500 Index falling 0.06% to 4,793.54. This was the stock's second consecutive day of gains. Cognizant Technology Solutions Corp. hit a new 52-week high, surpassing its previous peak of $90.08, which the company reached on December 29th.
The stock outperformed some of its competitors Tuesday, as Accenture PLC Cl A (ACN) fell 0.71% to $404.30, International Business Machines Corp. (IBM) rose 1.46% to $138.02, and Infosys Ltd. ADR (500209.BY) fell 0.59% to $25.11. Trading volume (2.7 M) eclipsed its 50-day average volume of 2.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 4, 2022.
(END) Dow Jones Newswires
January 04, 2022 16:48 ET (21:48 GMT)
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