DJ Cognizant Technology Solutions Corp. Stock Underperforms Monday When Compared To Competitors Despite Daily Gains
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Shares of Cognizant Technology Solutions Corp. $(CTSH)$ inched 0.80% higher to $80.70 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.38% to 6,074.08 and the Dow Jones Industrial Average falling 0.25% to 43,717.48.
The stock's rise snapped a two-day losing streak.
Cognizant Technology Solutions Corp. closed $1.71 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 2.20% to $313.49 and Palantir Technologies Inc. (PLTR) fell 0.42% to $75.75.
Trading volume (2.5 M) remained 625,001 below its 50-day average volume of 3.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 16, 2024.
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(END) Dow Jones Newswires
December 16, 2024 16:57 ET (21:57 GMT)
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