DJ Cognizant Technology Solutions Corp. Stock Rises Tuesday, Still Underperforms Market
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Shares of Cognizant Technology Solutions Corp. $(CTSH)$ rallied 1.92% to $80.64 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 2.05% to 5,921.54 and the Dow Jones Industrial Average rising 1.78% to 42,343.65.
The stock's rise snapped a four-day losing streak.
Cognizant Technology Solutions Corp. closed 11.21% below its 52-week high of $90.82, which the company reached on February 14th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Cadence Design Systems Inc. $(CDNS)$ rose 2.40% to $323.08, Palantir Technologies Inc. (PLTR) rose 0.06% to $123.39, and Leidos Holdings Inc. (LDOS) rose 0.04% to $152.55.
Trading volume (2.8 M) remained 1.2 million below its 50-day average volume of 4.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 27, 2025.
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(END) Dow Jones Newswires
May 27, 2025 16:54 ET (20:54 GMT)
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