CTSH Shares Slip 1.49% as Trading Volume Slumps to 493rd Rank Pay Hikes Delayed Over Economic Uncertainty
Cognizant Technology Solutions (CTSH) closed at $69.37 on August 14, 2025, down 1.49% for the session. The stock saw a trading volume of $0.20 billion, a 58.4% decline from the previous day, ranking it 493rd in market activity. The drop in volume and price reflects cautious investor sentiment ahead of the company’s October earnings report and broader market volatility.
The firm announced a delayed wage hike for 80% of its global workforce, effective November 1, citing macroeconomic uncertainties and tariff-related pressures. The decision follows a three-month postponement from its usual August schedule, aligning with its second-quarter guidance on merit-based salary adjustments. The move underscores the company’s balancing act between retaining talent and managing costs amid a challenging economic climate. Analysts noted the delay could temporarily impact short-term profitability but may stabilize employee retention in the long term.
A backtest of a strategy buying the top 500 stocks by daily trading volume and holding for one day from 2022 to 2025 yielded a total profit of $10,720, reflecting moderate returns with fluctuations tied to market dynamics. The result highlights the strategy’s consistency but underscores the importance of timing and sector exposure in capturing gains.


Comentarios
Aún no hay comentarios