ACN has been a relatively stable performer since its IPO at $14.50 per share in 2001. Following an early spike towards $30/share in March of 2008 and subsequent retracement back towards into the teens, ACN settled into the mid-$20/share range for the next 3 years. ACN shares rallied to an all-time high above $43/share in July of 2007 before the recession slashed the stock roughly 40%.
April was a solid month for consulting firms. On March 31st, Accenture closed at $27.49. Intraday on April 30th, Accenture shares traded mostly flat around $29.59, representing a 7.6% rally.
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