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 1.36% to $66.80 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.51% to 5,214.08 and the Dow Jones Industrial Average rising 0.85% to 39,387.76.
The stock's fall snapped a three-day winning streak.
Cognizant Technology Solutions Corp. closed $13.29 below its 52-week high ($80.09), which the company achieved on February 23rd.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Cadence Design Systems Inc. $(CDNS)$ rose 0.96% to $285.28 and Palantir Technologies Inc. (PLTR) fell 1.95% to $21.14.
Trading volume (2.3 M) remained 2.5 million below its 50-day average volume of 4.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 9, 2024.
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May 09, 2024 17:01 ET (21:01 GMT)
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