Cognizant Active Volume on Near-Term Highs (CTSH)

Posted in pre-market 
August 4th, 2009

Cognizant Technology Solutions Corp. (NASDAQ: CTSH) is trading up 9% at $33.25 in early trading.  As of 8:16 AM EST we have seen right at 75,000 shares trade hands.  While it trades close to 5 million shares on average per day, this is active for this stockpre-market and this is also up at new 52-week highs if this holds above $31.69.  The company beat earnings handily by $0.13 and beat its revenue projections.  It has also guided both Q3 and FY09 higher.  -JON C. OGG

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