Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of technology outsourcing specialist iGATE
So what: The drop today follows a similar-sized drop yesterday as investors reacted to the company's proposed acquisition of Patni Computer Systems
Now what: Talk of this transaction has been making the rounds for a few months now, and I'll admit to being surprised that iGATE is actually pulling it off. It's hoped that the deal will give the combined company more scale to be able to better compete with larger industry players like Infosys
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