DJ Cognizant Technology Solutions Corp. Stock Underperforms Friday When Compared To Competitors Despite Daily Gains
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Shares of Cognizant Technology Solutions Corp. $(CTSH)$ inched 0.86% higher to $79.54 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.35% to 5,969.34 and the Dow Jones Industrial Average rising 0.97% to 44,296.51.
This was the stock's third consecutive day of gains.
Cognizant Technology Solutions Corp. closed $2.87 below 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. $(CDNS)$ rose 1.75% to $311.87 and Palantir Technologies Inc. (PLTR) rose 4.87% to $64.35.
Trading volume (2.7 M) remained 689,263 below its 50-day average volume of 3.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 22, 2024.
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(END) Dow Jones Newswires
November 22, 2024 16:58 ET (21:58 GMT)
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