Accenture plc is trading 4% down at $122.86 as investors continue to digest its weaker outlook and bookings trends following last week’s fiscal Q3 results.
- Management recently lowered full-year revenue guidance and reported a decline in new bookings, overshadowing an EPS beat and solid margins.
- The stock remains under pressure due to ongoing caution regarding macro headwinds, deferred client contracts, and softness in U.S. federal sales.