IBM stock crashes after major warning - Yahoo Finance
IBM stock plummeted 24% following a surprise pre-earnings warning regarding lower-than-expected second-quarter sales. CEO Arvind Krishna attributed the shortfall to weak performance in the company's mainframe and software divisions.
Why it matters
As a major tech bellwether, IBM's significant stock decline signals potential cooling in enterprise infrastructure spending and supply chain volatility.
IBM stock crashes after major warning — here's what Wall Street is doing next Brian Sozzi · Executive Editor Updated Tue, July 14, 2026 at 10:32 AM EDT 2 min read IBM -25.21% Trade IBM on Coinbase Trading disclosure Trading disclosure The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.
The IBM ( IBM ) turnaround just hit a major speed bump.
IBM stock fell 24% in early trading after an unexpected pre-earnings warning from the company.
The tech giant's stock is poised to have its worst day ever, dating back to 1961, strategist Mike Zaccardi pointed out on X. The stock lost 23% in a single session in October 1987, he said.
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