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Broyhill Asset Management stated in its Q2 investor letter that it exited its position in Accenture (ACN) in June, following a 38% decline in Accenture's stock price.
Broyhill Asset Management stated in its Q2 2026 letter to investors that Accenture (ACN) shares fell 38%, and the firm exited the position in June. Broyhill believes that Accenture's bookings declined by 3%, and managed services book-to-bill ratio was below 1. Management responded by raising acquisition guidance rather than focusing on the core business, which failed to boost confidence in the core operations.
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24H Trending
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1
Samsung Electronics fell 4.31% from its previous close, now trading at ₩222,000.
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2
Tether, Circle, Ripple, and other stablecoin issuers have frozen over $2.6 billion in assets linked to suspected security breaches at Binance.
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3
ETH inter-exchange spread reaches 1.11%
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The Nikkei 225 index is down 2.72% from its previous close, currently at 62,903.43.
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South Korea's KOSPI index is down 4.77% from its previous close, currently at 5,654.61.
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Lookonchain: Binance hackers are selling PEPE, UNI, LINK, and other tokens, still holding over $150 million worth of various altcoins.
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7
Taiwan's TAIEX fell 2.68% from its previous close, currently at 45,125.33.
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Binance hacker finishes dumping UNI, ENA, PEPE, LINK, AAVE, ONDO, WLD for 70,480 ETH ($158.25M)
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SK Hynix is down 5.9% from its previous close, now trading at ₩1,436,000.
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10
CNBC analysis suggests that Intel's stock may continue to fall after its significant decline, but selling now would not recover losses.
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