Cogna Educação is trading at BRL 1.46, up +5.04%, with no clear catalyst identified. - The supplied quote reflects the November 6 close, not a November 9 trade. - Cogna’s next earnings report is scheduled for November 11; this does not establish a cause for the November 6 rise. - Broader markets rebounded that Friday, but available evidence does not establish that the rally drove Cogna’s gain.