CNBC·1 min read·medium
IBM shares skid more than 20% after company warns second-quarter earnings fell short of expectations - CNBC
Y
Yun Li
✦AI Summary
IBM shares dropped over 20% following a preliminary second-quarter earnings report that missed market expectations. The decline reflects investor concern over the company's hardware, software, and consulting performance.
International Business Machines shares slipped double digits on Tuesday after the hardware, software and consulting provider released preliminary second-quarter results that fell short of expectation…
businesstechnology
✦
Get the full story
Sign up for Headlinne to unlock AI insights, political bias analysis, and your personalized news feed.
Create free accountAlready have an account? Sign in