Cognizant Technology Solutions (CTSH) stock snaps losing streak — what traders are watching into Tuesday
Cognizant shares rose 1.1% to $66.55 Friday, rebounding after a 7.2% drop Thursday on heavy volume. The stock remains 27% below its 52-week high as investors react to its annual report and shifting bets on Fed rate cuts. U.S. markets are closed Monday for Presidents Day, with trading set to resume Tuesday.