Jun. 23 at 1:31 PM
Is IT consulting dead… or just being repriced brutally?
YTD drawdowns across the space have been ugly, no question. But in markets like this, narratives usually break before fundamentals do.
$INFY -41%
$IT -46%
$ACN -52%
$EPAM -62%
This isn’t a “slow bleed” chart anymore - it’s a full repricing of expectations, margins, and AI displacement fears all hitting at once.
The real question is whether we’re closer to capitulation or the start of a long-term value reset.
I’m not calling a bottom. Just watching where sellers stop pressing.
When a sector gets this compressed, reactions matter more than opinions.
