Cognizant Technology Solutions shares underperformed Wednesday compared to rivals despite daily gains

Cognizant Technology Solutions Corp. stock. CTSH,
It rose 3.13 percent to $68.84 on Wednesday, proving to be an across-the-board favorable session for stocks, with the S&P 500 SPX,
The Dow Jones Industrial Average DJIA rose 1.05% to 4,119.21,
It rose 0.02 percent to 34,092.96. It was the second day in a row that the stock rose. Cognizant Technology Solutions shares closed $24.63 below the company’s 52-week high of $93.47 reached on March 22.

The stock underperformed some of its rivals on Wednesday, as Cadence Design Systems Inc.
Up 3.31 percent to $188.89, Palantir Technologies Inc. PLTR,
Up 5.40 percent to $8.20. Transaction volume (5.7 million) exceeded the 50-day average of 4.6 million.

Editor’s note: This article was automatically generated by automated technology provider Automated Insights using data from Dow Jones and FactSet. Please see our Market Data Terms of Use.

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