VERIFIEDET Markets·2 Jul 2026negative

Wipro shares could crash 17% on Thursday if ADR is an indicator. What’s worrying investors?

AI Summary

·Wipro's ADRs saw a significant decline, suggesting a potential 17% drop in its shares.
·Investor concerns are focused on future earnings and the impact of AI on IT services.
·Slowdowns in the North American market and tempered forecasts from competitors like Accenture are contributing factors.