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Why Genpact Stock Raced Nearly 16% Higher Today

TheMotleyFool

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Why Genpact Stock Raced Nearly 16% Higher TodayPhoto, wide shot, wide-angle lens, Janitorial service, Midday, harsh overhead sunlight, directional sunlightt, photo by Ansel Adams: https://img.midjourneyapi.xyz/temp/4d4e885c-79e9-4b8f-bd91-e9721cd7c2e9.png

Business process management company Genpact Limited (NYSE: G) managed to post a solid quarterly earnings report on Friday, and was handsomely rewarded by the stock market for doing so. The company's shares ended up closing almost 16% higher in price as a result, a far better showing than the S 500 index's 0.1% bump higher on the day.

Genpact began Friday by issuing its third-quarter earnings release, which revealed that its net revenue for the frame was slightly over $1.29 billion.

Image source: Getty Images.

Source Fool.com