DJ Cognizant Technology Solutions Corp. Stock Underperforms Friday When Compared To Competitors
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Cognizant Technology Solutions Corp. $(CTSH)$ slid 1.29% to $80.31 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.38% to 5,995.54 and the Dow Jones Industrial Average rising 0.59% to 43,988.99.
The stock's fall snapped a six-day winning streak.
Cognizant Technology Solutions Corp. closed $1.22 below its 52-week high ($81.53), which the company reached on November 7th.
The stock underperformed when compared to some of its competitors Friday, as Cadence Design Systems Inc. $(CDNS)$ fell 0.16% to $301.25 and Palantir Technologies Inc. (PLTR) rose 4.49% to $58.39.
Trading volume (4.0 M) eclipsed its 50-day average volume of 3.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 8, 2024.
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(END) Dow Jones Newswires
November 08, 2024 16:57 ET (21:57 GMT)
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