Cognizant Technology Solutions Corp. Stock Takes a Hit

Cognizant Technology Solutions Corp. stock took a hit on Thursday, performing worse than the market. This marks the third day in a row that the stock has seen losses. The company closed at $8.06 below its 52-week high of $72.71, which it reached on August 7th. In comparison to its competitors, such as Cadence Design Systems Inc. (CDNS), the stock fell short on Thursday. The trading volume of 2.7 million shares was 467,535 below the 50-day average volume of 3.2 million shares. It’s been a tough week for Cognizant Technology Solutions Corp. stock, but let’s see how it bounces back next week!