Visiting original passage: Infosys, Wipro, and other IT stocks in focus as ADRs decline following Accenture Q3 results
Infosys, Wipro, and other IT stocks in focus as ADRs decline following Accenture Q3 results
ETMarkets.com •
Accenture’s Q3 results triggered a sell-off in global tech shares. Despite beating revenue estimates, Accenture flagged margin concerns and a weak outlook, pushing its stock down 7% and dragging Infosys and Wipro ADRs lower in U.S. trading.