Why Did IBM Stock Tumble After an Earnings Beat?

Why Did IBM Stock Tumble After an Earnings Beat?

Shares of International Business Machines (NYSE: IBM) dropped like a rock on Thursday despite reporting first-quarter results Wednesday evening that beat analyst expectations across the board. Revenue of $14.5 billion was up 2% at…

Article Source
https://www.yahoo.com/finance/news/why-did-ibm-stock-tumble-084000258.html