DJ Cognizant Technology Solutions Corp. Stock Outperforms Competitors On Strong Trading Day
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Shares of Cognizant Technology Solutions Corp. $(CTSH)$ inched 0.46% higher to $67.44 Friday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.56% to 37,986.40 and the S&P 500 Index falling 0.88% to 4,967.23.
The stock's rise snapped a five-day losing streak.
Cognizant Technology Solutions Corp. closed $12.65 below its 52-week high ($80.09), which the company achieved on February 23rd.
The stock outperformed some of its competitors Friday, as Cadence Design Systems Inc. $(CDNS)$ fell 1.98% to $280.25 and Palantir Technologies Inc. (PLTR) fell 3.12% to $20.47.
Trading volume (4.9 M) eclipsed its 50-day average volume of 4.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 19, 2024.
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April 19, 2024 17:00 ET (21:00 GMT)
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