Featured Cognizant Technology Solutions Corp. stock rises Tuesday, outperforms market

Published on March 16th, 2022 📆 | 7219 Views ⚑

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Cognizant Technology Solutions Corp. stock rises Tuesday, still underperforms market


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Shares of Cognizant Technology Solutions Corp.
CTSH,
+0.85%
inched 0.85% higher to $88.17 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index
SPX,
+2.14%
rising 2.14% to 4,262.45 and the Dow Jones Industrial Average
DJIA,
+1.82%
rising 1.82% to 33,544.34. Cognizant Technology Solutions Corp. closed $4.27 short of its 52-week high ($92.44), which the company reached on February 10th.

The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Accenture PLC Cl A
ACN,
+2.78%
rose 2.78% to $316.23, International Business Machines Corp.
IBM,
+1.37%
rose 1.37% to $125.64, and Infosys Ltd. ADR
INFY,
-2.03%
fell 2.03% to $24.19. Trading volume (3.2 M) remained 40,153 below its 50-day average volume of 3.2 M.


Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.





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