Technology Cognizant Technology Solutions Corp. stock underperforms Friday when compared to competitors despite daily gains

Shares of Cognizant Technology Solutions Corp.
CTSH,
+1.20%
rallied 1.20% to $76.70 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index
SPX,
+0.81%
rising 0.81% to 4,441.67 and the Dow Jones Industrial Average
DJIA,
+0.65%
rising 0.65% to 35,120.08. The stock’s rise snapped a four-day losing streak. Cognizant Technology Solutions Corp. closed $6.03 short of its 52-week high ($82.73), which the company achieved on December 17th..

The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Accenture PLC Cl A
ACN,
+1.34%
rose 1.34% to $332.65, International Business Machines Corp.
IBM,
+0.79%
rose 0.79% to $139.11, and Infosys Ltd. ADR
INFY,
+1.40%
rose 1.40% to $23.88. Trading volume (2.2 M) remained 1.1 million below its 50-day average volume of 3.3 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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