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ACN
Benzinga
151 days

S&P 500 Settles Lower As Accenture Dips Over 7%: Greed Index Remains In 'Extreme Fear' Zone

1. ACN shares fell over 7% after FY25 EPS guidance missed estimates. 2. Federal Reserve indicated slower economic growth and rising unemployment. 3. U.S. stock market sentiment declined, remaining in 'Extreme Fear' zone. 4. Other sectors like information technology recorded losses along with ACN. 5. Market indices closed lower amid economic and inflation concerns.

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FAQ

Why Bearish?

ACN's significant stock drop after an EPS guidance miss reflects negative investor sentiment. Historically, such guidance misses typically lead to further price declines.

How important is it?

The article's focus on ACN's significant stock movement due to guidance suggests moderate importance for investors tracking performance.

Why Short Term?

The immediate impact is visible in ACN's current stock performance, typically stabilizing after market reactions to earnings reports.

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