Cognizant Technology Solutions Corp. stock outperforms market despite losses on the day

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Shares of Cognizant Technology Solutions Corp. CTSH, -0.13% sank 0.13% to $75.39 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX, -0.69% falling 0.69% to 4,361.19 and Dow Jones Industrial Average DJIA, -0.72% falling 0.72% to 34,496.06. The stock’s fall snapped a two-day winning streak. Cognizant Technology Solutions Corp. closed $7.34 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 Monday, as Accenture PLC Cl A ACN, +0.40% rose 0.40% to $326.50, International Business Machines Corp. IBM, -0.55% fell 0.55% to $142.43, and Infosys Ltd. ADR INFY, -0.50% fell 0.50% to $21.82. Trading volume (1.9 M) remained 677,416 below its 50-day average volume of 2.6 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.