Cognizant (CTSH) gains 1.78% to Close at $78.83 on October 15

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Today, Cognizant Technology Solutions Corp. – Class A Inc’s (NASDAQ: CTSH) stock gained $1.38, accounting for a 1.78% increase. Cognizant opened at $77.71 before trading between $78.96 and $77.36 throughout Friday’s session. The activity saw Cognizant’s market cap rise to $41,432,827,276 on 5,901,628 shares -above their 30-day average of 2,403,540.

Cognizant employs around 289500 people with a head office in Teaneck, New Jersey.

About Cognizant Technology Solutions Corp. – Class A

Cognizant is one of the world’s leading professional services companies, transforming clients’ business, operating, and technology models for the digital era. Its unique industry-based, consultative approach helps clients envision, build and run more innovative and efficient businesses. Headquartered in the U.S., Cognizant is ranked 194 on the Fortune 500 and is consistently listed among the most admired companies in the world.

Visit Cognizant Technology Solutions Corp. – Class A’s profile for more information.

The Daily Fix

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Asset managers have benefited from rising global financial markets in recent quarters as investors put money to work, making the most of the post-pandemic economic reopening, driven by progress on vaccinations and strong fiscal and monetary aid.

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JPMorgan Misses on Third Quarter Revenue, Beats Earnings Estimates With One-Time Items
 

JPMorgan Chase posted a 24% jump in third-quarter profits on Wednesday, largely driven by one-time items that boosted its results, as the bank struggled to grow revenues with interest rates at near-zero levels.

The nation’s largest bank by assets said it earned a profit of $11.69 billion, or $3.74 per share, compared with a profit of $9.44 billion, or $2.92 per share, in the same period a year earlier. The bank had two one-time items that helped boost its profits this quarter: a $566 million income tax benefit and the release of $2.1 billion from its troubled loans books, something the JPMorgan has been doing every three months since the U.S. economy started recovering from the pandemic.

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About The Nasdaq Stock Market

The Nasdaq Stock Market is a global leader in trading data and services, and equities and options listing. Nasdaq is the world’s leading exchange for options volume and is home to the five largest US companies – Apple, Microsoft, Amazon, Alphabet and Facebook.

To get more information on Cognizant Technology Solutions Corp. – Class A and to follow the company’s latest updates, you can visit the company’s profile page here: Cognizant Technology Solutions Corp. – Class A’s Profile. For more news on the financial markets be sure to visit Equities News. Also, don’t forget to sign-up for the Daily Fix to receive the best stories to your inbox 5 days a week.

Sources: Chart is provided by TradingView based on 15-minute-delayed prices. All other data is provided by IEX Cloud as of 8:05 pm ET on the day of publication.

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