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VERIFIEDET Stocks·negative
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, potentially indicating a 17% drop in its shares.
- ·Investor concerns are focused on future earnings and the impact of AI on IT services.
- ·The company faces challenges from a slowdown in the North American market and generative AI's disruptive potential.