Gartner’s $9.92 billion market cap stock fell to $148.17 on June 16, 2026, after a 63.78% 52-week decline.
Renaissance Investment Management sold its entire stake in Gartner (IT) during Q1 2026, citing reduced demand and weak operating results. The stock closed at $148.17 on June 16, down 63.78% over the past 52 weeks, shrinking its market capitalization to $9.92 billion.
The S&P 500 fell 4.3% in Q1, while the Russell 1000 Growth Index declined 9.8%. Gartner’s one-month return was -4.67%, underperforming broader large-cap growth peers. Energy and Materials sectors led gains, while Financials and Consumer Discretionary lagged.
Renaissance’s Large Cap Growth Strategy outperformed the S&P 500 but trailed the Russell 1000 Growth Index, reflecting a shift toward value and smaller-cap stocks amid geopolitical uncertainty.