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Why is IBM stock crashing today? Shares plunge over 25% - here’s what’s driving the fall
IBM stock price crash: IBM shares tumbled on Tuesday after the company indicated that its second-quarter revenue would likely fall short of Wall Street expectations. Based on preliminary results, IBM projected quarterly revenue of $17.2 billion, compared with analysts' estimate of $17.86 billion, according to LSEG data.
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forbes.com
Here’s Why IBM Is Crashing Toward Its Worst Day Ever
“What played out was worse than our expectations,” CEO Arvind Krishna warned investors.
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apnews.com
IBM's stock tumbles as preliminary 2Q results come in below Wall Street's expectations
Shares of IBM are sliding before the market open on Tuesday as the company provided preliminary second-quarter results that are below Wall Street’s expectations.
