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Shares of Cognizant Technology Solutions Corp. (CTSH) shed 1.99% to $88.23 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.10% to 4,696.05 and Dow Jones Industrial Average falling 0.47% to 36,236.47. This was the stock's second consecutive day of losses. Cognizant Technology Solutions Corp. closed $3.80 below its 52-week high ($92.03), which the company reached on January 4th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Accenture PLC Cl A (ACN) fell 4.83% to $378.00, International Business Machines Corp. (IBM) fell 2.08% to $135.34, and Infosys Ltd. ADR (500209.BY) fell 0.78% to $24.11. Trading volume (3.0 M) eclipsed its 50-day average volume of 2.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 6, 2022.
(END) Dow Jones Newswires
January 06, 2022 16:47 ET (21:47 GMT)
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