NYSE:IBMIT
International Business Machines (IBM) Missed Expectations, Is It Still Below Fair Value?
International Business Machines (IBM) stock just logged its largest single-day decline in decades after a preliminary second-quarter update showed only 1% revenue growth and customers redirecting budgets toward AI-focused hardware.
See our latest analysis for International Business Machines.
The immediate reaction to IBM's update has been sharp, with the 1 day share price return down 2.91% and the 7 day share price return down 26.04%, contributing to a year to date share price return of down...