As Accenture shares fall 20%, Julie Sweet says investors are missing the point

Accenture's stock plummeted nearly 20% following fiscal third-quarter results that missed revenue expectations and showed a decline in new bookings. Despite the drop, CEO Julie Sweet urged investors to remain patient, highlighting the company's strong positioning for long-term growth driven by AI adoption and a revised salary structure to offer immediate cash to employees.

By TOI TECH DESK