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Stock impact report

Zacks.com featured highlights include Harmony Biosciences, Universal Health Services, Concentrix and Global Payments [Yahoo! Finance]

Concentrix Corporation (CNXC) 
US:NYSE Investor Relations: ccrlp.investorroom.com
Company Research Source: Yahoo! Finance
UHS, Concentrix Corp. CNXC and Global Payments Inc. GPN. The U.S. stock market remained subdued yesterday. While the Dow Jones Industrial Average gained 0.11% (+55.96 points) to 49,071.56, the broader market faced downside pressure. The S&P 500 slipped 0.13% to 6,969.01, while the tech-heavy Nasdaq Composite declined 0.72% to 23,685.12. The technology sector set the tone for the session, with a sharp sell-off seen in Microsoft Corp. shares, after its earnings report reignited concerns about slower cloud growth. Some of this pressure was offset by strength in Meta, but overall sentiment remained cautious due to rising oil prices and geopolitical tensions. Amid this backdrop, value stocks present an appealing opportunity. When evaluating value stocks, one of the most effective valuation metrics is the Price to Cash Flow (P/CF) ratio. This metric measures the market price of a stock relative to the cash flow the company generates on a per-share basis. A lower P/CF ratio indicates t Show less Read more
Impact Snapshot
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CNXC
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Performance since event
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