DJ Cognizant Technology Solutions Corp. Stock Underperforms Friday When Compared To Competitors
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Shares of Cognizant Technology Solutions Corp. $(CTSH)$ slumped 0.03% to $66.25 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.26% to 5,127.79 and the Dow Jones Industrial Average rising 1.18% to 38,675.68.
Cognizant Technology Solutions Corp. closed $13.84 short of its 52-week high ($80.09), which the company reached on February 23rd.
The stock underperformed when compared to some of its competitors Friday, as Cadence Design Systems Inc. $(CDNS)$ rose 1.88% to $281.63 and Palantir Technologies Inc. (PLTR) rose 3.46% to $23.33.
Trading volume (7.4 M) eclipsed its 50-day average volume of 4.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 3, 2024.
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May 03, 2024 17:00 ET (21:00 GMT)
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