IBM shares plummet 25% on weak preliminary earnings
Shares of IBM Corp. dropped 25% today after it posted preliminary second quarter earnings that missed expectations. The company estimates that it generated $17.2 billion in revenue during the three quarters ended June 30. Analysts polled by FactSet expected $…
Shares of IBM Corp. plunged 25% today after it posted preliminary second-quarter earnings that missed expectations. The company estimates that it generated $17.2 billion in revenue during the three … [+3895 chars]