Why Accenture Stock Lagged the Market Today
Accenture(ACN) The Motley Fool·2024-07-10 22:29A lack of detail about the company's latest acquisition left some investors cold.The stock of tech-focused consultancy Accenture (ACN -0.88%) couldn't quite keep pace with the rest of the equity market on Wednesday. The company's shares closed the day nearly 1% lower, on news that it's opening its wallet to buy a cutting-edge technology business. By comparison, the benchmark S&P 500 index landed in positive territory at roughly the same percentage rate.Boosting its chip design expertiseAccenture's new asset ...