Morgan Stanley Buys Shares After Cigniti Technologies Stock Falls

Cigniti Technologies, a company whose shares are traded on the stock market, saw its stock price go down by more than 9% on Thursday.

This drop happened after the company announced how well it did during the last three months, called the June quarter.

While the price fell, a company called Morgan Stanley bought a large number of the company's shares.

Morgan Stanley paid a certain price for each share, but the price at which the stock closed was lower.

The purchase by Morgan Stanley is a small part of the total shares available for the company.

Before this, Morgan Stanley already owned some shares in Cigniti Technologies.

The stock price is currently much lower than it was at its highest point in the past year.