DJ Cognizant Technology Solutions Corp. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Cognizant Technology Solutions Corp. $(CTSH)$ dropped 0.37% to $67.52 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.02% to 5,071.63 and the Dow Jones Industrial Average falling 0.11% to 38,460.92.
This was the stock's second consecutive day of losses.
Cognizant Technology Solutions Corp. closed $12.57 below its 52-week high ($80.09), which the company reached on February 23rd.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Cadence Design Systems Inc. $(CDNS)$ fell 1.46% to $277.66 and Palantir Technologies Inc. (PLTR) fell 0.23% to $21.59.
Trading volume (4.3 M) remained 303,944 below its 50-day average volume of 4.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 24, 2024.
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(END) Dow Jones Newswires
April 24, 2024 17:00 ET (21:00 GMT)
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