Cognizant Technology Solutions stock slides 1.04% and underperforms market
Updated
Updated · MarketWatch · May 6
Cognizant Technology Solutions stock slides 1.04% and underperforms market
7 articles · Updated · MarketWatch · May 6
Shares closed at $51.33 on Wednesday as the S&P 500 rose 1.46% and the Dow gained 1.24% in a broadly strong session.
Cognizant finished 41.02% below its 52-week high of $87.03 reached on 14 January, while trading volume rose to 7.9 million from a 50-day average of 6.5 million.
Against peers, Cadence Design Systems rose 0.36%, while Palantir Technologies fell 1.56% and Leidos Holdings dropped 1.67%, leaving Cognizant with a mixed competitive showing.
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