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. $(CTSH)$ slipped 4.53% to $77.11 Friday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.32% to 5,870.62 and Dow Jones Industrial Average falling 0.70% to 43,444.99.
This was the stock's second consecutive day of losses.
Cognizant Technology Solutions Corp. closed $5.30 short of its 52-week high ($82.41), which the company reached on November 13th.
The stock underperformed when compared to some of its competitors Friday, as Cadence Design Systems Inc. $(CDNS)$ fell 4.40% to $289.71 and Palantir Technologies Inc. (PLTR) rose 11.14% to $65.77.
Trading volume (5.1 M) eclipsed its 50-day average volume of 3.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 15, 2024.
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(END) Dow Jones Newswires
November 15, 2024 16:57 ET (21:57 GMT)
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