Tech Stocks Growth! Cognizant Technology Solutions Corp (CTSH), Ciena Corporation (CIEN)
Shares of Cognizant Technology Solutions Corp (NASDAQ:CTSH) ended Wednesday session in green amid volatile trading. The shares closed up +0.09 points or 0.18% at $49.98 with 3.76 million shares getting traded. Post opening the session at $50.94, the shares hit an intraday low of $49.74 and an intraday high of $50.94 and the price vacillated in this range throughout the day. The company has a market cap of $30.00 billion and the numbers of outstanding shares have been calculated to be 606.94 million shares.
Cognizant Technology Solutions Corp (CTSH) provides information technology (IT), consulting, and business process services worldwide. The company operates through four segments: Financial Services, Healthcare, Manufacturing/Retail/Logistics, and Other. Its consulting and technology services include IT strategy consulting, program management consulting, operations improvement consulting, strategy consulting, and business consulting services; and application design and development, systems integration, enterprise resource planning, and customer relationship management implementation services.
Shares of Ciena Corporation (NYSE:CIEN) ended Wednesday session in red amid volatile trading. The shares closed down -0.46 points or -2.15% at $20.96 with 5.48 million shares getting traded. Post opening the session at $21.04, the shares hit an intraday low of $20.45 and an intraday high of $21.18 and the price vacillated in this range throughout the day. The company has a market cap of $2.80 billion and the numbers of outstanding shares have been calculated to be 139.34 million shares.
Ciena Corporation (CIEN) provides equipment, software, and services that support the transport, switching, aggregation, service delivery, and management of voice, video, and data traffic on communications networks worldwide. The companys Converged Packet Optical segment offers networking solutions optimized for the convergence of coherent optical transport, OTN switching, and packet switching. Its products comprise the 6500 Packet-Optical Platform, 5430 Reconfigurable Switching System, CoreDirector Multiservice Optical Switches, and OTN configuration for the 5410 Reconfigurable Switching System.