IBM’s stock dives toward worst day in nearly 40 years after the surprise release of an earnings miss


IBM's stock dropped 17% after the company announced its second-quarter earnings were lower than expected.
Reported by 5 outlets — MarketWatch, CNBC Top News, Business Insider, Investing.com · Stock Market, Seattle Times. See all sources ↓
IBM’s stock plunges after a preliminary release of profit and revenue that were well below expectations.
Read the full report at MarketWatch ↗
Why it matters
IBM's stock fell after the company said it made less money than expected. This happened because clients bought less software and hardware. IBM's stock has dropped a lot in the past.
- What's the story?
- IBM's stock dropped 17% after the company announced its second-quarter earnings were lower than expected.
- How widely is it covered?
- 5 outlets, average source rating 6.4/10.
- When was it last updated?
- 13m ago.
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’s stock dives toward worst day in nearly 40 years after the surprise release of an earnings miss
Sources5TypeCoverageMarketWatch
CNBC Top News
Business Insider
Investing.com · Stock Market
Seattle Times