Economy

mahatmakanejeeves

(71,911 posts) Wed Jul 15, 2026, 08:17 AM 11 hrs ago

IBM stock closes down more than 25% after preannounced earnings results

Yahoo! Finance
IBM stock closes down more than 25% after preannounced earnings results

Daniel Howley · Technology Editor
Updated Tue, July 14, 2026 at 4:46 PM EDT 2 min read

IBM (IBM) ended trading Tuesday down more than 25%, its worst drop since at least 1968, after the company preannounced earnings that fell well below Wall Street's expectations.

Big Blue attributed the results to customers shifting spending away from software and mainframe products and toward AI servers and memory.

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https://finance.yahoo.com/quote/IBM/

5 replies

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IBM stock closes down more than 25% after preannounced earnings results (Original Post) mahatmakanejeeves 11 hrs ago OP

With bad news dumpers just move on bucolic_frolic 10 hrs ago #1

Don't underestimate IBM. walkingman 10 hrs ago #2

I've lost a lot of blood playing "catch a falling knife." mahatmakanejeeves 10 hrs ago #3

I hear ya and when I do I tell myself to stop investing in individual stocks. walkingman 9 hrs ago #4

This message was self-deleted by its author bucolic_frolic 7 hrs ago #5

bucolic_frolic

(56,546 posts)

1. With bad news dumpers just move on

Reply to mahatmakanejeeves (Original post)

Wed Jul 15, 2026, 08:36 AM

10 hrs ago

They'll plow it into Space-X which by the way is $136, just a buck above IPO price.

It's a screaming buy at $65.

walkingman

(11,407 posts)

2. Don't underestimate IBM.

Reply to mahatmakanejeeves (Original post)

Wed Jul 15, 2026, 09:19 AM

10 hrs ago

mahatmakanejeeves

(71,911 posts)

3. I've lost a lot of blood playing "catch a falling knife."

Reply to walkingman (Reply #2)

Wed Jul 15, 2026, 09:28 AM

10 hrs ago

Still, it's a lot more attractive at its "buy three, get one free" price.

And good morning, everyone.

walkingman

(11,407 posts)

4. I hear ya and when I do I tell myself to stop investing in individual stocks.

Reply to mahatmakanejeeves (Reply #3)

Wed Jul 15, 2026, 09:39 AM

9 hrs ago

Having said that, I think IBM's R&D is world-class and the company has proven itself to be competitive in a very fast-paced industry.

Response to walkingman (Reply #2)

bucolic_frolic This message was self-deleted by its author.

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