Yahoo Entertainment·2 min read·medium
IBM stock plummets more than 25% on Q2 earnings warning - Yahoo Finance
D
Daniel Howley
✦AI Summary
IBM stock dropped over 25% following a disappointing Q2 earnings pre-announcement. The decline is attributed to a shift in customer spending patterns.
IBM (IBM) stock collapsed more than 25% on Tuesday, its worst drop in decades, after the company preannounced earnings that fell well below Wall Street's expectations, as customers shifted spending a…
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