Cognizant Technology Solutions Corp. Stock Outperforms Competitors Despite Losses On The Day
This article was automatically generated by MarketWatch using technology from Automated Insights.
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.
-MarketWatch Automation
(END) Dow Jones Newswires
January 06, 2022 16:47 ET (21:47 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.