Shares of Cognizant Technology Solutions Corp. CTSH, 0.14% slipped 0.10% to $79.08 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index SPX, -0.29% rising 0.30% to 4,549.78 and the Dow Jones Industrial Average DJIA, -0.04% falling 0.02% to 35,603.08. This was the stock’s second consecutive day of losses. Cognizant Technology Solutions Corp. closed $3.65 below its 52-week high ($82.73), which the company reached on December 17th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Accenture PLC Cl A ACN, 1.39% rose 0.38% to $347.12, International Business Machines Corp. IBM, -0.63% fell 9.56% to $128.33, and Infosys Ltd. ADR INFY, -1.28% fell 2.98% to $23.41. Trading volume (1.6 M) remained 890,248 below its 50-day average volume of 2.5 M.