Cognizant Technology Solutions Corp. stock underperforms Monday when compared to competitors

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Published: Nov. 27, 2023 at 4:58 p.m. ET

Shares of Cognizant Technology Solutions Corp. CTSH shed 0.56% to $70.77 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX falling 0.20% to 4,550.43 and Dow Jones Industrial Average DJIA falling 0.16% to 35,333.47.

The stock’s fall snapped an eight-day winning streak.

Cognizant…

Shares of Cognizant Technology Solutions Corp.

CTSH

shed 0.56% to $70.77 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index

SPX

falling 0.20% to 4,550.43 and Dow Jones Industrial Average

DJIA

falling 0.16% to 35,333.47.

The stock’s fall snapped an eight-day winning streak.

Cognizant Technology Solutions Corp. closed $1.94 below its 52-week high ($72.71), which the company reached on August 7th.

The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Cadence Design Systems Inc.

CDNS

rose 0.35% to $271.55 and Palantir Technologies Inc.

PLTR

fell 0.63% to $19.08.

Trading volume (2.8 M) remained 509,760 below its 50-day average volume of 3.3 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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