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MARKETS-ECONOMIC TIMES · INDIAN ·

Reality Check: What triggered Accenture's historic stock plunge

As reported by Markets-Economic Times
Accenture's biggest-ever stock plunge was driven by weaker revenue guidance, slowing bookings and rising investor concerns that AI-led disruption could weigh on traditional consulting growth.
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Accenture experienced its biggest-ever stock plunge, primarily driven by its weaker revenue guidance for the upcoming period. This significant decline was also fueled by a slowdown in new bookings across its services. Furthermore, investor concerns are mounting that AI-led…

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