Cognizant Technology Solutions Corp. Stock Advances 11.3%, Outperforms Peers

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Cognizant Technology Solutions Corp. surged 11.3% to $55.97 on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.5% to 7,316.15 and Dow Jones Industrial Average falling 2.2% to 51,594.14.

This was the stock's fourth consecutive day of gains.

Cognizant Technology Solutions Corp. closed 35.7% short of its 52-week high of $87.03, which the company reached on January 14th.

The stock outperformed some of its peers, as Cadence Design Systems Inc. fell 3.5% to $332.76, Palantir Technologies Inc. fell 0.4% to $123.00, and Leidos Holdings Inc. fell 3.37% to $114.37.

Trading volume totaled 18.2 million, compared to the 50-day average of 11.4 million.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

July 29, 2026 16:33 ET (20:33 GMT)