Sector-Wide Jitters: QuinStreet Shares Slide as Gartner's Weak Quarter Sparks IT Services Slowdown Fears
QuinStreet (QNST) shares tumbled nearly 8% in morning trading, caught in a broader sell-off triggered by Gartner's disappointing Q4 results. The advisory giant's revenue decline has intensified market concerns over a potential slowdown in IT services and consulting, with uncertainty around AI's disruptive impact adding to the pressure.