Why Accenture Stock Wilted on Wednesday
ACNAccenture(ACN) The Motley Fool·2024-04-11 06:30

The company is on a bit of a spending spree and not everyone is happy about it.Accenture (ACN -2.63%) is on a shopping spree, and at least some investors are probably wishing it would put away its credit card. On Wednesday, the business consultancy and services company announced its third acquisition in as many days. The market reacted by trading Accenture's stock down by almost 3%, a steeper tumble than the S&P 500 index's sub-1% slide.Three acquisitions in three daysWednesday's acquisition target for Acce ...