Why IBM Stock Is Falling Today
IBM(IBM) The Motley Fool·2024-10-24 17:56Is IBM stock's hot streak in danger of fizzling out?International Business Machines (IBM -6.74%) stock is losing ground Thursday on the heels of the company's recent third-quarter report. Big Blue's share price was down 6.6% as of 1:45 p.m. ET.After the market closed yesterday, IBM published third-quarter earnings results. While the company's profit for the period came in ahead of Wall Street's target, sales arrived below expectations.IBM serves up mixed Q3 resultsIBM reported non-GAAP (adjusted) earnings p ...