EPAM Expands With First Derivative Buyout: What Should Investors Do?

EPAM Systems (EPAM) has seen its share price plunge 35.3% year to date, underperforming the Zacks Computers - IT Services industry, Zacks Computer and Technology sector and the S&P 500's return of 8.4%, 22.3% and 19.6%, respectively. The underperformance of EPAM's shares can be attributable to highly volatile market conditions amid the ongoing macroeconomic uncertainties. Factors, including investors' concerns over the Federal Reserve's interest rate policies and fears of a looming U.S. recession, have weig ...