Why IBM Stock Crashed Today
It was a brutal day for Big Blue's shareholders.
Overview
Shares of International Business Machines (NYSE: IBM) plunged on Tuesday after the tech giant warned of a projected profit shortfall.
Image source: The Motley Fool.
IBM expects its second-quarter revenue to grow by just 1% to $17.2 billion, with earnings per share down 2% to $2.27.
Details
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.