Shares of Cognizant Technology Solutions Corp. CTSH advanced 1.81% to $73.71 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 1.95% to 3,841.94 and the Dow Jones Industrial Average DJIA rising 1.85% to 31,496.30. The stock's rise snapped a two-day losing streak. Cognizant Technology Solutions Corp. closed $9.02 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 Friday, as Accenture PLC Cl A ACN rose 1.02% to $249.51, International Business Machines Corp. IBM rose 2.26% to $122.83, and Infosys Ltd. ADR INFY rose 0.61% to $18.28. Trading volume (2.6 M) remained 89,302 below its 50-day average volume of 2.7 M.