Updated
Updated · MarketWatch · May 6
Infosys ADR rises for second straight day
Updated
Updated · MarketWatch · May 6

Infosys ADR rises for second straight day

11 articles · Updated · MarketWatch · May 6
  • The US-listed shares gained 1.44% to $12.64 on Wednesday, while the S&P 500 rose 1.46% and the Dow added 1.24% in a broadly positive session.
  • Despite the advance, Infosys still lagged the wider market and remained 57.87% below its 52-week high of $30 reached on 19 December.
  • Among peers, Accenture fell 2.48%, Oracle climbed 4.68% and HP rose 1.23%, while Infosys trading volume of 16.2 million stayed below its 50-day average of 18.2 million.
With AI usage costs soaring, how will Infosys deliver client ROI without destroying its own profit margins?
Can Infosys's AI strategy succeed when its own partners aim to make traditional IT service firms obsolete?