Infosys Falls the Most in 10 Months After CEO Sikka Quits: Chart

Infosys Falls the Most in 10 Months After CEO Sikka Quits: Chart

(Bloomberg) -- Shares of Infosys Ltd. fell as much as 7.6 percent, the most since November 2016 on an intraday basis, after it said Vishal Sikka has resigned as chief executive officer and will become the company’s executive vice chairman. Sikka cited a continuous stream of distractions and disruptions, as well as false and increasingly personal attacks, according to his resignation email to the company’s board.