DJ Cognizant Technology Solutions Corp. Stock Underperforms Thursday When Compared To Competitors
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Cognizant Technology Solutions Corp. $(CTSH)$ slid 1.13% to $66.76 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.46% to 5,048.42 and Dow Jones Industrial Average falling 0.98% to 38,085.80.
This was the stock's third consecutive day of losses.
Cognizant Technology Solutions Corp. closed $13.33 below its 52-week high ($80.09), which the company reached on February 23rd.
The stock underperformed when compared to some of its competitors Thursday, as Cadence Design Systems Inc. $(CDNS)$ fell 0.21% to $277.08 and Palantir Technologies Inc. (PLTR) rose 0.56% to $21.71.
Trading volume (3.5 M) remained 1.1 million below its 50-day average volume of 4.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 25, 2024.
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April 25, 2024 17:01 ET (21:01 GMT)
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