International Business Machines Corporation (IBM)
Pre-market:
| Previous close | 184.10 |
| Open | 168.20 |
| Bid | 169.11 x 900 |
| Ask | 169.49 x 900 |
| Day's range | 165.66 - 172.45 |
| 52-week range | 120.55 - 199.18 |
| Volume | |
| Avg. volume | 4,618,320 |
| Market cap | 154.847B |
| Beta (5Y monthly) | 0.71 |
| PE ratio (TTM) | 20.70 |
| EPS (TTM) | 8.16 |
| Earnings date | 24 July 2024 - 25 July 2024 |
| Forward dividend & yield | 6.64 (3.93%) |
| Ex-dividend date | 08 Feb 2024 |
| 1y target est | 175.85 |
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IBM (IBM) shares are falling in Thursday's pre-market trading session, marking their worst single-day decline since 2021. This plunge comes in the wake of the company's first-quarter results, which fell short of revenue estimates. Morning Brief anchors Seana Smith and Brad Smith discuss the report, shedding light on IBM's potential acquisition of cloud service provider HashiCorp (HCP). For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith
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