Cognizant shares are trading lower after the company reported Q4 financial results and issued guidance.
Portfolio Pulse from Benzinga Newsdesk
Cognizant's stock price declined following the announcement of its Q4 financial results and future guidance.
February 07, 2024 | 1:21 pm
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Cognizant's shares dropped after the company reported its Q4 financial performance and provided guidance.
The decline in Cognizant's stock price is directly related to the market's reaction to its Q4 financial results and the guidance issued. Typically, if the results or guidance are below market expectations, it can lead to a decrease in stock price as investors adjust their expectations for future profitability.
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