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Why Isn't IBM's Stock Bouncing Back After Strong Earnings Results?

Source: fool.com

Corporate EarningsCorporate Guidance & OutlookM&A & RestructuringCompany Fundamentals
Why Isn't IBM's Stock Bouncing Back After Strong Earnings Results?

IBM revenue growth accelerated to 5% and the company raised its free cash flow outlook, but shares slipped the following day. Software grew 9%, with roughly half of that growth attributed to the Confluent acquisition, while management's outlook points to a slower fourth quarter.

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