Cognizant Technology Solutions Corp. Stock Underperforms Monday When Compared To Competitors Despite Daily Gains

Dow Jones12-17

DJ Cognizant Technology Solutions Corp. Stock Underperforms Monday When Compared To Competitors Despite Daily Gains

This article was automatically generated by MarketWatch using technology from Automated Insights.

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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December 16, 2024 16:57 ET (21:57 GMT)

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