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Reporting better-than-expected sales and earnings didn’t help Infosys (INFY) stock Monday, as the India-based tech services firm lowered its revenue guidance for the year. Infosys stock fell 6.6% in the stock market today to under 19. Infosys stock broke out of a cup base at an 18.74 buy point on Sept. 30 and touched a more than four-year high of 19.46 on Oct. 5. Early Monday, the company said that its fiscal Q2 earnings per share minus items had Scalper1 News
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