DJ Cognizant Technology Solutions Corp. Stock Underperforms Thursday When Compared To Competitors Despite Daily Gains
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Shares of Cognizant Technology Solutions Corp. $(CTSH)$ inched 0.86% higher to $70.57 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.74% to 5,199.06 and the Dow Jones Industrial Average falling 0.01% to 38,459.08.
Cognizant Technology Solutions Corp. closed $9.52 below its 52-week high ($80.09), which the company achieved on February 23rd.
The stock underperformed when compared to some of its competitors Thursday, as Cadence Design Systems Inc. $(CDNS)$ rose 1.81% to $310.10 and Palantir Technologies Inc. (PLTR) rose 1.87% to $22.84.
Trading volume (3.8 M) remained 893,767 below its 50-day average volume of 4.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 11, 2024.
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April 11, 2024 17:00 ET (21:00 GMT)
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