Accenture jumps 22% at the open as Corteva collapses 82%
As seen on the 24/7 Wall St. homepage on October 1, 2026.
Accenture opened 22% higher, a move you almost never see from a mega-cap IT services name, while Corteva dropped 82% to $13.96 at the other end of the board. Synopsys, McKesson and IBM round out a gainers list that is all up at least 5.9%.
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Accenture's 22.28% surge to $224.22 at the October 1 open is the kind of move that stops traders cold. Gains of that size at the open are exceedingly rare for a company of Accenture's scale in the IT services space, where even strong quarterly results tend to move a stock only a few percentage points.
The rest of the gainers list is notably tight, with Synopsys, McKesson, IBM and Digital Turbine all up at least 5.9%. That breadth speaks to broad upside pressure across the open.
On the other side of the ledger, Corteva's 82.02% drop to $13.96 is the dominant story for losers. A decline of that magnitude at the open typically signals something structural, such as a dividend cut, a spin-off, or a special distribution that mechanically adjusts the share price. Investors holding Corteva coming into the session are looking at a dramatically different price on their screens.
The European bank names on the losers list, NatWest Group and HSBC, each shed just over 3%, with ArcelorMittal and Air Products and Chemicals down about 3% as well. Those moves are modest by comparison and point to sector-level softness. The Corteva number is in a different category entirely and warrants close attention as the session develops.