This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Cognizant Technology Solutions Corp. rallied 6.8% to $64.10 on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.5% to 7,619.98 and Dow Jones Industrial Average falling 0.3% to 52,421.20.
This was the stock's third consecutive day of gains.
Cognizant Technology Solutions Corp. closed 26.3% short of its 52-week high of $87.03, which the company achieved on January 14th.
The stock outperformed some of its peers, as Cadence Design Systems Inc. fell 3.6% to $279.06, Palantir Technologies Inc. rose 3.6% to $173.31, and Leidos Holdings Inc. rose 3.08% to $132.83.
Trading volume totaled 6.6 million, compared to the 50-day average of 8.1 million.
Data source: Dow Jones Market Data, FactSet