Saturday, May 8, 2010
ACN Accenture Plc Stock - May 06, 2010- Date-5-6-2010
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ACN Accenture Plc Stock - May 06, 2010- Date-5-6-2010
The nose dive in the flash crash of May 6, 2010 highlights the extreme volatility that can take place in the stock market in such short period of time.
It appears that on May 6, 2010, Accenture plummeted from above $40 at 2:47 p.m. to $0.01 2:48 p.m, and then it went up afterwords. Did the company earnings changed so quickly down and those up in a matter of a matter? The business of Accenture is described below.
Accenture plc is a management consulting, technology services and outsourcing company. The Company helps clients improve operational performance, deliver their products and services, increase revenues in markets and identify and enter new markets. Its business is organized in five operating groups: Communications & High Tech, Financial Services, Health & Public Service, Products and Resources. In October 2009, the Company acquired Symbian Professional Services from Nokia Corporation. In February 2010, the Company completed the acquisition of RiskControl, a consulting company based in Rio de Janeiro.
The nose dive in the flash crash of May 6, 2010 highlights the extreme volatility that can take place in the stock market in such short period of time.
It appears that on May 6, 2010, Accenture plummeted from above $40 at 2:47 p.m. to $0.01 2:48 p.m, and then it went up afterwords. Did the company earnings changed so quickly down and those up in a matter of a matter? The business of Accenture is described below.
Accenture plc is a management consulting, technology services and outsourcing company. The Company helps clients improve operational performance, deliver their products and services, increase revenues in markets and identify and enter new markets. Its business is organized in five operating groups: Communications & High Tech, Financial Services, Health & Public Service, Products and Resources. In October 2009, the Company acquired Symbian Professional Services from Nokia Corporation. In February 2010, the Company completed the acquisition of RiskControl, a consulting company based in Rio de Janeiro.
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