DJ Cognizant Technology Solutions Corp. Stock Rises Tuesday, Still Underperforms Market
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Shares of Cognizant Technology Solutions Corp. $(CTSH)$ inched 0.53% higher to $81.06 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.57% to 6,021.63 and the Dow Jones Industrial Average rising 0.28% to 44,860.31.
This was the stock's fifth consecutive day of gains.
Cognizant Technology Solutions Corp. closed $1.35 below its 52-week high ($82.41), which the company achieved on November 13th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Cadence Design Systems Inc. $(CDNS)$ fell 0.73% to $310.10 and Palantir Technologies Inc. (PLTR) rose 1.69% to $65.74.
Trading volume (2.8 M) remained 611,465 below its 50-day average volume of 3.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 26, 2024.
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(END) Dow Jones Newswires
November 26, 2024 16:58 ET (21:58 GMT)
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