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IBM Stock Gets Hammered after Anthropic Releases New Code Tool

IBM Stock Gets Hammered after Anthropic Releases New Code Tool

vm_adminFebruary 23, 2026

By Vince Condarcuri
Publication Date: 2026-02-23 20:01:00

Shares of tech giant IBM ($IBM) dropped sharply after AI firm Anthropic announced that its Claude Code tool can now work with COBOL, which is a decades-old programm…

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Tagged Anthropic, code, hammered, ibm, Releases, Stock, tool

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