Friday, May 24, 2024

Cognizant Technology stock gains on speculation of activist investor amid 13F filing

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Cognizant Technology (NASDAQ:CTSH) rose 2% amid speculation an activist investor has taken a stake in the IT consultant after a 13F filing from Nomura.

Nomura purchased 13.3 million shares of Cognizant in Q1, according to the Japanese bank’s 13F filing. That

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