Accenture's shares have dropped 64% since February 2026, impacted by concerns over AI's effects on IT services. A recent 19% plunge followed disappointing revenue forecasts. The company now expects lower revenue growth, despite reporting better-than-expected earnings per share.
Accenture shares plunged 19% after announcing a weak revenue forecast, further deepening its stock rout to 50% in 2026. The company now expects lower revenue growth amid ongoing concerns about AI's impact on IT services. This latest drop adds to a 64% decline since February…
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