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Mantle Ridge Bets $1 Billion on Cognizant

Activist Mantle Ridge Builds Over $1 Billion Stake in Cognizant

The investor has been working behind the scenes at the tech-services firm and isn’t currently planning to nominate directors.

Reuters · 2d

Activist investor Mantle Ridge builds a more than $1 billion stake in Cognizant, WSJ reports

Activist investor Mantle Ridge has built a stake worth more than $1 billion in consultancy firm Cognizant Technology , saying its shares are undervalued, the Wall Street Journal reported on Friday.

Markets Insider · 2d

Mantle Ridge establishes more than $1B Cognizant stake, WSJ reports

Activist Mantle Ridge has built a more than $1B interest in Cognizant (CTSH) and believes the shares are undervalued, the Wall Street Journal’s

MarketWatch · 2d

Cognizant Shares Gain After WSJ Report of Activist Mantle Ridge's $1B Stake

Shares of Cognizant Technology Solutions rose after The Wall Street Journal reported that activist investor Mantle Ridge has built up a more than $1 billion stake in the company. The stock gained 5.1% to $87.50 in after-hours trading Friday. Shares ended the regular session little changed and are up 8.4% in the past year.

Seeking Alpha on MSN · 2d

Cognizant Technology gains on report of activist Mantle Ridge stake

Cognizant Technology Solutions (CTSH) rose 5.5% in after hours trading after a report that activist investor Mantle Ridge has accumulated a more than $1 billion stake. Mantle Ridge has been privately talking with Cognizant (CTHS) management about ways for the tech-services firm to increase its share price,

Business Insider · 18h

Mantle Ridge Bets $1 Billion on Cognizant as Stock Climbs

According to The Wall Street Journal, activist investor Mantle Ridge has built a $1 billion+ stake in Cognizant Technology Solutions (CTSH),

Cognizant Technology Solutions Sees Unusually Large Options Volume (NASDAQ:CTSH)

Cognizant Technology Solutions Co. (NASDAQ:CTSH – Get Free Report) was the target of unusually large options trading activity on Friday. Traders acquired 8,014 put options on the stock. This is an ...

Rickie Fowler On Cam Mixes It Up With Trolling Fan at Cognizant Classic

Following a missed birdie putt, Rickie Fowler was subjected to some heckling and he reacted in a surprising and contentious ...

Prosecutorial Flip-Flop in Bribery Case of Ex-Cognizant CLO Highlights Confusion Over Trump Executive Order

The DOJ installed a new top prosecutor in New Jersey on Monday night, and hours later he asked a judge to put the trial on ...

5don MSN

DOJ Cites Trump Order to Put Cognizant Execs Bribery Trial On Hold

Two former Cognizant Technology Solutions executives charged over an alleged foreign bribery scheme may not go on trial as ...

Stocks to Watch: Cognizant Technology Solutions, Mineralys Therapeutics, PDF Solutions

Mineralys Therapeutics said it plans to release data from two recent trials involving lorundrostat, a drug the biopharmaceutical company is developing as a treatment for high blood pressure. Shares ...