IBM just had its worst day ever. Oppenheimer thinks investors should stay away from the stock
First publishedJul 14, 11:50 UTC
Last updatedJul 15, 13:25 UTC · 9m ago
4 outlets
MarketWatch, Seattle Times, Investing.com · Stock Market, Business Insider1 outletBusiness Insider2 outletsBusiness Insider1 outlet
CNBC Top News1 outletMarketWatch1 outletBusiness Insider1 outletCNBC Top News
11 outlets over time — hover a bar for its window & outletslast updated
Answer
IBM's stock price fell 23% after the company reported lower-than-expected revenue and profit. This was the worst day for IBM's stock in nearly 40 years. The company's CEO, Arvind Krishna, said customers were spending less on IBM's AI products.
Reported by 11 outlets — CNBC Top News, MarketWatch, Business Insider, Investing.com · Stock Market, Seattle Times. See all sources ↓
The investment firm downgraded IBM to perform from outperform.
Read the full report at CNBC Top News ↗
Why it matters
11 outlets are covering this world story — one to watch as reporting develops.
In brief
- What's the story?
- IBM's stock price fell 23% after the company reported lower-than-expected revenue and profit. This was the worst day for IBM's stock in nearly 40 years. The company's CEO, Arvind Krishna, said customers were spending less on IBM's AI products.
- How widely is it covered?
- 11 outlets, average source rating 6.4/10.
- When was it last updated?
- 9m ago.
Different angles across outlets
Coverage map
How outlets are framing the same story
Here's how each outlet is covering the story — compare their headlines and timing at a glance.
- Coverage card5 outlets1CoverageScouting report
IBM just had its worst day ever. Oppenheimer thinks investors should stay away from the stock
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Sources (11)
Avg source rating 6.4/10
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