DJ Cognizant Technology Solutions Corp. Stock Underperforms Monday When Compared To Competitors
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Shares of Cognizant Technology Solutions Corp. $(CTSH)$ slipped 1.98% to $67.38 Monday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.23% to 5,062.25 and Dow Jones Industrial Average falling 0.91% to 37,965.60.
This was the stock's third consecutive day of losses.
Cognizant Technology Solutions Corp. closed 25.81% below its 52-week high of $90.82, which the company reached on February 14th.
The stock underperformed when compared to some of its competitors Monday, as Cadence Design Systems Inc. $(CDNS)$ rose 0.40% to $233.82, Palantir Technologies Inc. (PLTR) rose 5.17% to $77.84, and Leidos Holdings Inc. (LDOS) fell 0.18% to $132.90.
Trading volume (8.4 M) eclipsed its 50-day average volume of 4.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 7, 2025.
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(END) Dow Jones Newswires
April 07, 2025 16:53 ET (20:53 GMT)
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