EPAM Shares Plunge 89% From Peak as AI Shift Reshapes IT Services Sector
EPAM shares have dropped about 89% from their all-time high as slowing growth and AI-related concerns weigh on investor sentiment.
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EPAM shares have dropped about 89% from their all-time high as slowing growth and AI-related concerns weigh on investor sentiment.
Shares of EPAM Systems fell 20% after the IT services firm issued a cautious 2026 outlook, overshadowing better-than-expected quarterly results. The drop marked the worst performance in the S&P 500 for the session.