Cognizant Technology Solutions Corp. Stock Underperforms Wednesday When Compared To Competitors
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Cognizant Technology Solutions Corp. (CTSH) shares fell 1.35% to $83.00 on Wednesday, marking the third consecutive day of losses amid a declining stock market. The S&P 500 Index dropped 0.74%, and the Dow Jones fell 0.63%. Cognizant's stock is now 8.61% below its 52-week high of $90.82. Competitors like Cadence Design Systems, Palantir Technologies, and Leidos Holdings also experienced declines. Trading volume was 2.4 million, below the 50-day average of 4.9 million.
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