Accenture is trading 5.9% down now at $178.55 in after-hours trading after investors continued weighing a $25 million Justice Department settlement concerning alleged discrimination and federal-contract compliance practices.
- Reuters reported the agreement covers Accenture’s federal-services operations and was made public September 14, with coverage continuing through September 16.
- The broader market was mixed after the Federal Reserve raised rates.
- A recent Wells Fargo downgrade to Equal Weight on growth concerns remains background pressure.