Cognizant Technology Solutions Corp. marked a nine-day winning streak. The company added approximately $6.8 billion to its market value. Its stock surged 24.5% during this period, significantly outpacing the S&P 500.
Nisa Investment Advisors LLC increased its stake in Cognizant by 13.1% in the third quarter, according to a recent filing. The investment firm now holds over 207,000 shares, valued at nearly $11.5 million. Institutional investors hold a significant 92.44% of the company's shares.