Cognizant Technology Solutions Corp. stock outperformed the market on a strong trading day
Published: November 10, 2023 at 4:59 PM ET
The shares of Cognizant Technology Solutions Corp. CTSH rose 2.01% to $65.95 on Friday in what turned out to be an overall positive trading session for the stock market, with the S&P 500 Index SPX rising 1.56% to 4,415.24 and the Dow Jones Industrial Average DJIA. rising 1.15% to 34,283.10.
The stock’s rise snapped a three-day losing streak.
Knowing…
Shares in Cognizant Technology Solutions Corp.
CTSH
rose 2.01% to $65.95 on Friday in what turned out to be an overall positive trading session for the stock market, with the S&P 500
SPX
rising 1.56% to 4,415.24 and the Dow Jones Industrial Average
DJIA
rising 1.15% to 34,283.10.
The stock’s rise snapped a three-day losing streak.
Cognizant Technology Solutions Corp. closed $6.76 below its 52-week high ($72.71) reached by the company on August 7th.
The stock showed a mixed performance compared to some of its peers on Friday as Cadence Design Systems Inc.
CDNS
rose 1.99% to $261.56 and Palantir Technologies Inc.
PLTR
rose 7.66% to $19.67.
Trading volume (2.7 million) remained 521,599 below its 50-day average volume of 3.2 million.
Editor’s note: This story was automatically generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our terms of use of market data.
