Why Accenture Stock Tumbled Today
Accenture(US:ACN) The Motley Fool·2024-09-17 21:34News of a delay in one important activity spooked investors.Accenture's (ACN -4.82%) top news item Tuesday wasn't all that encouraging and in reaction, investors traded the company's stock down by more than 4% on the day. The storied consultancy is delaying its annual round of promotions, a move that could affect hundreds, if not thousands, of employees.Six-month shiftThat news initially came from Bloomberg, which wrote in an article published before market open that Accenture aims to delay most of its plan ...