Big Blue’s Wild Wednesday Ride: IBM Crushes Q3 Earnings, So Why Did the Stock Tank Mid-Call?
If you glanced at a trading chart for International Business Machines (NYSE:IBM) on Wednesday evening, you could be forgiven for thinking someone knocked over a glass of water on the exchange’s main server rack.
Big Blue put together an undeniable earnings win, enjoyed a brief bounce into after-hours euphoria, and then promptly fell off a cliff before dinner was even over.
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