CTSH

Cognizant shares posted modest gains today, tracking closely with the positive performance of industry peer Accenture. The move follows the announcement earlier this morning that the company has been appointed as a strategic partner to the UK Government's TechFirst programme, an initiative aimed at creating pathways for young people in the technology sector. While recent institutional activity shows increased interest in the stock, including a notable stake boost by Exchange Traded Concepts, the company continues to trade below its 50-day moving average.