Accenture plc (NYSE:ACN) shares are trading higher on Thursday. The stock trended steadily higher over the past several months. Here’s what’s been behind the price movement.
What To Know: Shares of Accenture have risen more than 20% since the end of October. The stock took a short breather in the beginning of January but quickly resumed the uptrend.
During January, several developments occurred pertaining to the company, which included agreements to acquire Work & Co. as well as Navisite. Also, Accenture and Mujin established a joint venture which aims to, “use AI and machine learning to connect operational and management data and accelerate data-driven management.”
ACN Price Action: Shares of Accenture were up 1.93% at $370.91 at market close Thursday, according to Benzinga Pro.
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