Cognizant Technology Solutions Corp. stock outperforms competitors despite losses on the day

Shares of Cognizant Technology Solutions Corp. CTSH,
-0.15%
slumped 0.15% to $84.61 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX,
-0.02%
falling 0.02% to 4,391.69 and Dow Jones Industrial Average DJIA,
-0.11%
falling 0.11% to 34,411.69. This was the stock’s fifth consecutive day of losses. Cognizant Technology Solutions Corp. closed $8.86 short of its 52-week high ($93.47), which the company achieved on March 22nd.

The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Accenture PLC Cl A ACN,
-1.84%
fell 1.84% to $313.60, International Business Machines Corp. IBM,
-0.31%
fell 0.31% to $126.17, and Infosys Ltd. ADR INFY,
+0.49%
pink 0.49% to $20.56. Trading volume (1.6 M) remained 1.5 million below its 50-day average volume of 3.1 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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