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Market Impact: 0.25
Here's Why IBM Is a Buy After a 25% Crash (and Why It Isn't)
Source: Nasdaq
Corporate EarningsCompany FundamentalsCorporate Guidance & Outlook
IBM attributed a significant part of its Q2 weakness to delayed deals rather than lost demand, but the excerpt provides no figures for the shortfall. Q3 software growth, Consulting revenue, Red Hat, and free cash flow are identified as tests of that explanation and of whether the referenced historic sell-off was temporary.
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mildly negative
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IBM-0.30
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