DJ Cognizant Technology Solutions Corp. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Cognizant Technology Solutions Corp. $(CTSH)$ slipped 1.21% to $68.42 Monday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.20% to 5,061.82 and Dow Jones Industrial Average falling 0.65% to 37,735.11.
This was the stock's second consecutive day of losses.
Cognizant Technology Solutions Corp. closed $11.67 below its 52-week high ($80.09), which the company achieved on February 23rd.
Despite its losses, the stock outperformed some of its competitors Monday, as Cadence Design Systems Inc. $(CDNS)$ fell 1.40% to $301.56 and Palantir Technologies Inc. (PLTR) fell 3.40% to $21.90.
Trading volume (3.0 M) remained 1.7 million below its 50-day average volume of 4.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 15, 2024.
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(END) Dow Jones Newswires
April 15, 2024 17:00 ET (21:00 GMT)
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