Innodata is trading at $47.27, up 5.65%, recovering part of its sharp October 27 decline; no verified news directly explains the October 28 rebound.
- Coverage linked the prior session’s selloff to reports of roughly 550 layoffs in India and additional cuts in the Philippines; the company had not publicly confirmed the revenue effect.
- October 28 headlines reported a securities-law investigation, but no source connected it to the rebound.
- Broader indices were mixed, offering no clear market explanation.