Sentiment: Negative
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IBM Stock Drops 19%: Can Quantum Computing Turn Things Around?
By Trader Edge at 2026-09-13 23:52
Sentiment: Negative
TLDR IBM stock has dropped 19% since July 14 after weak Q2 earnings missed revenue estimates. Susquehanna analyst James Friedman raised his price target to $235 from $225 but kept a Neutral rating. IBM’s quantum division is gaining attention but currently generates very little revenue. A senior IBM executive sold $5.75 million worth of stock [...] The post IBM Stock Drops 19%: Can Quantum Computing Turn Things Around? appeared first on CoinCentral. Continue reading...
Categories: Stocks
Tags: #Stocks
Source Coin Central