Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Cognizant Technology Solutions Corp. Stock Falls 5.8%, Underperforms Peers

Cognizant Technology Solutions Corp. Stock Falls 5.8%, Underperforms Peers

Dow JonesDow Jones2026/10/29 20:34

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Cognizant Technology Solutions Corp. slid 5.8% to $62.52 on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.3% to 7,720.39 and Dow Jones Industrial Average falling 0.3% to 52,342.56.

Cognizant Technology Solutions Corp. closed 28.2% 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 peers, as Cadence Design Systems Inc. rose 0.1% to $342.75, Palantir Technologies Inc. fell 0.2% to $196.42, and Leidos Holdings Inc. rose 1.02% to $141.02.

Trading volume totaled 7.7 million, compared to the 50-day average of 6.5 million.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

October 29, 2026 16:34 ET (20:34 GMT)

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!