Cognizant Technology Solutions Corp. stock outperforms competitors on strong trading day – MarketWatch

Shares of Cognizant Technology Solutions Corp.
CTSH,
+1.00%
inched 1.00% higher to $78.09 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index
SPX,
+0.19%
rising 0.19% to 4,605.38 and the Dow Jones Industrial Average
DJIA,
+0.25%
rising 0.25% to 35,819.56. The stock’s rise snapped a seven-day losing streak. Cognizant Technology Solutions Corp. closed $4.64 short of its 52-week high ($82.73), which the company reached on December 17th.

The stock outperformed some of its competitors Friday, as Accenture PLC Cl A
ACN,
+0.69%
rose 0.69% to $358.79, International Business Machines Corp.
IBM,
-0.59%
fell 0.59% to $125.10, and Infosys Ltd. ADR
INFY,
-1.24%
fell 1.24% to $22.28. Trading volume (2.5 M) eclipsed its 50-day average volume of 2.4 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.

Source: https://www.marketwatch.com/story/cognizant-technology-solutions-corp-stock-outperforms-competitors-on-strong-trading-day-01635540421-4ceb21b94096

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