🔴 Cogna Educação is trading 5.3% down

Cogna Educação is trading 5.3% lower at BRL 1.62, with no confirmed company-specific announcement explaining the October 29 move.

• The company’s next reported Q3 results are scheduled for November 11.
• The broader market backdrop is weak, but available reports do not establish that it caused the decline. A reported Brazilian market selloff refers to October 28 and does not confirm today’s catalyst.