Worse fall than 1987, $69 billion wipeout as IBM ‘falters’: Why stock price crashed 25% - analysts call it ‘ugly moment’
Shares of IBM plunged 25% on Tuesday, with the company seeing a steeper one-day decline than it experienced during the 1987 "Black Monday" market crash. The weakness also spread to other software stocks.
Shares of IBM plunged 25% on Tuesday, with the company seeing a steeper one-day decline than it experienced during the 1987 "Black Monday" market crash. The weakness also spread to other software stocks.
