Cognizant Technology Solutions Corp. Stock Falls 5.8%, Underperforms Peers
Dow Jones2026/10/29 20:34This 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)
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.
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