Urgent.News

What's breaking now, across thousands of outlets.

More in Finance & Markets

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

IBM’s third-quarter report was strong, but the details explain why investors aren’t rushing back.

  • IBM's stock dropped 25% after July earnings report due to customer spending shift.
  • Strong Q3 report showed 5% revenue increase to $17.1B and 11% EPS growth.
  • Despite positive results, stock hasn't rebounded, reflecting tech spending caution.

More from Thursday 22 October →