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Shares of Cognizant Technology Solutions Corp. (CTSH) inched 0.11% higher to $88.07 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.28% to 4,726.35 and the Dow Jones Industrial Average rising 0.11% to 36,290.32. This was the stock's second consecutive day of gains. Cognizant Technology Solutions Corp. closed $3.96 short of its 52-week high ($92.03), which the company achieved on January 4th.
The stock underperformed when compared to some of its competitors Wednesday, as Accenture PLC Cl A (ACN) rose 0.82% to $377.19, International Business Machines Corp. (IBM) rose 0.54% to $133.59, and Infosys Ltd. ADR (500209.BY) rose 2.92% to $25.75. Trading volume (2.9 M) eclipsed its 50-day average volume of 2.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 12, 2022.
(END) Dow Jones Newswires
January 12, 2022 16:47 ET (21:47 GMT)
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