IBM issued profit warning after weak second quarter, triggering selloff in software sector including Microsoft

“What played out was worse than our expectations,” CEO Arvind Krishna warned investors.

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.

IBM shares tumbled sharply in premarket trade after the company flagged weaker-than-expected second-quarter results, missing both profit and revenue estimates. Management…

Empresa de software enfrentou forte desvalorização após anunciar resultados do segundo trimestre