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Cognizant Technology Solutions Corp. stock rises Thursday, outperforms market

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Terrence Horan

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Shares of Cognizant Technology Solutions Corp. CTSH, -0.05% rose 2.41% to $77.45 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, -0.14% rising 1.71% to 4,438.26 and the Dow Jones Industrial Average DJIA, -0.12% rising 1.56% to 34,912.56. This was the stock's second consecutive day of gains. Cognizant Technology Solutions Corp. closed $5.28 short of its 52-week high ($82.73), which the company achieved on December 17th.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Accenture PLC Cl A ACN, -0.53% rose 2.68% to $339.04, International Business Machines Corp. IBM, -0.67% rose 1.87% to $143.39, and Infosys Ltd. ADR INFY, -0.89% rose 0.26% to $22.71. Trading volume (2.3 M) remained 246,804 below its 50-day average volume of 2.5 M.

Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.