IBM stock falls 20%, erasing $55B in market cap after earnings miss
IBM's stock fell 20% after an earnings miss, erasing $55 billion in market cap.
IBM stock falls 20%, erasing $55B in market cap after earnings miss
🇺🇸 Tech giant IBM got hammered, with the stock crashing as much as 23% in premarket trading. The drop came after IBM warned its latest results would fall short, blaming weaker sales in its software and infrastructure business. At its lows, the slide wiped more than $60 billion off the company's
BREAKING: IBM crashes -22% premarket.
IBM Stock Sinks 22% Pre-Market After Rare Q2 Revenue Warning
*IBM SHARES PLUNGE 23% IN BIGGEST ONE-DAY DROP SINCE 1987
JUST IN: $IBM crashes 25% at open after reporting lower than expected earnings.
IBM now down 26%, biggest drop on record SAASpocalypse is back
JUST IN: $IBM shares extend decline to 24%, biggest drop since 1987.
JUST IN: $IBM shares extend decline to 24%, biggest drop since 1987. https://t.co/5mbgeJHqUW
Not a good day for IBM, -25% drop 😮 https://t.co/39y7kA9fVS