Shares of major IT firms like Infosys, Cognizant and Accenture saw sizeable dips as US President Donald Trump announced a $100,000 fee for H-1B visas. Infosys shares fell as much as 4.5% while Cognizant's shares dipped 4.3% and Accenture and Wipro's stocks slipped 1.3% and 3.4% respectively. This is because the fee is expected to hit IT firms the hardest.
short by
Ashley Paul /
11:03 am on
20 Sep