Shares of Cognizant Technology Solutions Corp.
rallied 1.37% to $82.10 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index
rising 0.95% to 4,712.02 and the Dow Jones Industrial Average
rising 0.60% to 35,970.99. The stock’s rise snapped a two-day losing streak. Cognizant Technology Solutions Corp. closed $0.74 short of its 52-week high ($82.84), which the company reached on November 19th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Accenture PLC Cl A
rose 2.15% to $379.44, International Business Machines Corp.
rose 0.42% to $124.09, and Infosys Ltd. ADR
fell 0.26% to $23.19. Trading volume (1.9 M) remained 656,652 below its 50-day average volume of 2.5 M.