Shares of Cognizant Technologies Options Corp. (CTSH) fell 1.13% to $70.17 on Friday. It was a difficult day for the stock market place general, with the S&P 500 Index (SPX) dropping 1.22% to four,450.32 and the Dow Jones Industrial Typical (DJIA) falling .83% to 34,618.24. This decline in Cognizant’s stock value ended its two-day winning streak.
Cognizant Technologies Options Corp. closed just $two.54 beneath its 52-week higher of $72.71, which it reached on August 7th. In spite of this setback, the stock performed greater than some of its competitors on Friday. Cadence Style Systems Inc. (CDNS) saw a three.60% reduce to $234.08, and Palantir Technologies Inc. (PLTR) fell three.16% to $15.33.
The trading volume for Cognizant Technologies Options Corp. was greater than its 50-day typical volume, with 9.eight million shares traded compared to the typical of three.four million shares.