Shares of Cognizant Technology Solutions Corp. CTSH rose 1.84% to $74.83 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 2.38% to 3,901.82 and the Dow Jones Industrial Average DJIA rising 1.95% to 31,535.51. This was the stock's second consecutive day of gains. Cognizant Technology Solutions Corp. closed $7.90 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 Monday, as Accenture PLC Cl A ACN rose 2.89% to $258.16, International Business Machines Corp. IBM rose 1.52% to $120.74, and Infosys Ltd. ADR INFY rose 3.15% to $17.66. Trading volume (3.2 M) eclipsed its 50-day average volume of 2.8 M.