Accenture plc stock slips after Faculty AI deal; what traders watch next
Accenture agreed to acquire UK-based AI firm Faculty, adding over 400 staff; terms were not disclosed, but the Financial Times reported a value above $1 billion. Shares closed down 0.7% at $273.98 and were flat after hours. CEO Mauro Macchi sold 500 shares at $280 each under a pre-arranged plan. Investors await U.S. jobs data and Accenture’s Jan. 28 shareholder meeting.