DJ Cognizant Technology Solutions Corp. Stock Underperforms Monday When Compared To Competitors
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Shares of Cognizant Technology Solutions Corp. $(CTSH)$ slid 0.31% to $76.87 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.39% to 5,893.62 and the Dow Jones Industrial Average falling 0.13% to 43,389.60.
This was the stock's third consecutive day of losses.
Cognizant Technology Solutions Corp. closed $5.54 below its 52-week high ($82.41), which the company reached on November 13th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Cadence Design Systems Inc. $(CDNS)$ rose 1.59% to $294.33 and Palantir Technologies Inc. (PLTR) fell 6.86% to $61.26.
Trading volume (4.4 M) eclipsed its 50-day average volume of 3.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 18, 2024.
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(END) Dow Jones Newswires
November 18, 2024 16:58 ET (21:58 GMT)
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