Cognizant Technology Solutions Corp. Stock Falls 3.9%, Underperforms Peers
Dow Jones2026/10/02 20:35This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Cognizant Technology Solutions Corp. slid 3.9% to $58.51 on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.7% to 7,722.72 and the Dow Jones Industrial Average rising 0.5% to 51,176.96.
The stock's fall snapped a three-day winning streak.
Cognizant Technology Solutions Corp. closed 32.8% below its 52-week high of $87.03, which the company reached on January 14th.
The stock underperformed when compared to some of its peers, as Cadence Design Systems Inc. rose 0.2% to $351.35, Palantir Technologies Inc. fell 0.7% to $188.75, and Leidos Holdings Inc. fell 3.47% to $117.74.
Trading volume totaled 7.0 million, compared to the 50-day average of 7.8 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
October 02, 2026 16:35 ET (20:35 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.
You may also like
WTI Crude Oil Surpasses $90 per Barrel, Up 0.63% for the Day
The Pound climbs against the Japanese Yen as the BoJ gives no hike signal
Oil and AI chip imports drive U.S. August trade deficit to expand to 105.6 billions, reaching a 17-month high
The U.S. trade deficit widened to $105.6 billion in August, reaching its highest level since March 2025, with imports hitting a record $420.8 billion. This surge was mainly driven by a significant rise in semiconductor and capital goods imports due to AI data center construction. The larger-than-expected deficit led Goldman Sachs and the Atlanta Fed to lower their third-quarter GDP forecasts.
The New Zealand Dollar edges off its low as the US Dollar slips
Crypto prices
More
