IBM Tumbles 22% Toward Its Worst Day Since 1987, Rattling Software Stocks

IBM shares are down 22% to $225.20 in early Tuesday trading and are on pace for the stock’s worst single session since 1987. The sharp selloff signals a risk-off shift in positioning toward IBM, though the article provides no specific earnings, guidance, or fundamental catalyst.

Analysis

IBM shares are down 22% to $225.20 in early Tuesday trading and are on pace for the stock’s worst single session since 1987. The sharp selloff signals a risk-off shift in positioning toward IBM, though the article provides no specific earnings, guidance, or fundamental catalyst.