IBM stock price just collapsed
International Business Machines (NYSE: IBM) beat all Q2 2025 expectations in regard to profit, reporting $17 billion in revenue, a number far exceeding Wall Street’s forecast of $16.6 billion.The numbers marked an 8% year-over-year increase, with adjusted earnings per share coming in at $2.80 versus the projected $2.65.Despite the success, however, the IBM stock took a nosedive on Thursday, July 24, dropping 6.02% with a pre-market price of $265.02. IBM stock price. Source: GoogleWhy is IBM stock down?IBM’s ...