Cognizant Technology Solutions Corporation (CTSH), with a market cap of $34.2 billion, is a leading professional services company based in Teaneck, New Jersey. Specializing in digital solutions, it caters to sectors including Financial Services, Healthcare, Products & Resources, and Communications, Media & Technology.
Shares of the information technology company have significantly underperformed the broader market over the past 52 weeks. CTSH has gained 13.2% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 29.5%. In 2024, shares of CTSH are down 7.1%, compared to SPX's 11.6% gains on a YTD basis.
