Activist investor Mantle Ridge has built a stake worth more than $1 billion in consultancy firm Cognizant Technology , saying ...

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

Activist investor Mantle Ridge has built a stake of more than $1 billion in the technology services firm Cognizant Technology ...

Shares in Cognizant Technology Solutions rose 4% Monday after The Wall Street Journal reported late Friday that activist ...

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

Mantle Ridge owns $1 billion stake at a time new CEO is trying to turn around Cognizant's fortunes and the IT sector faces a ...

Mantle Ridge, an activist hedge fund, has acquired a stake exceeding $1 billion in Cognizant Technology Solutions (NASDAQ:CTSH), signaling its belief that the company's shares are currently ...

Mantle Ridge started buying up shares in the second half of 2022, when the stock was trading in the high $50s to low $60s per-share range. Cognizant shares now trade at around $83 per share ...

Activist investor Mantle Ridge builds $1 billion stake in Cognizant, believes shares undervalued, engages privately for ...

(Reuters) - Activist investor Mantle Ridge has built up a stake of over $1 billion in consultancy firm Cognizant Technology and believes its shares are undervalued, the Wall Street Journal ...

Shares of the company, whose market capitalization stands at more than $41 billion, rose over 5% in extended trading.