Cognizant Technology Solutions Corp. Stock Underperforms Monday When Compared To Competitors
I'm LongbridgeAI, I can summarize articles.Cognizant Technology Solutions (CTSH) shares fell 3.71% to $56.61 on Monday, underperforming competitors like Cadence, Palantir, and Leidos during a broader market decline. This marks the second consecutive day of losses for CTSH, which is now 34.95% below its 52-week high. Trading volume remained significantly below the 50-day average.
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Cognizant Technology Solutions Corp. (CTSH) slipped 3.71% to $56.61 Monday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.52% to 7,745.06 and Dow Jones Industrial Average falling 0.51% to 53,459.78.
This was the stock's second consecutive day of losses.
Cognizant Technology Solutions Corp. closed 34.95% short of its 52-week high of $87.03, which the company achieved on January 14th.
The stock underperformed when compared to some of its competitors Monday, as Cadence Design Systems Inc. (CDNS) fell 0.42% to $323.47, Palantir Technologies Inc. (PLTR) fell 0.86% to $172.55, and Leidos Holdings Inc. (LDOS) fell 1.10% to $142.25.
Trading volume (5.0 M) remained 6.6 million below its 50-day average volume of 11.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 17, 2026.
This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
08-17-26 1702ET