Finance2 sources
IBM Reports Strong Q3 Earnings Despite Stock Decline
- IBM reported strong Q3 earnings, exceeding expectations.
- During the earnings call, IBM's stock price initially rose but then dropped significantly.
- The cause of the stock decline is under investigation.
- IBM's revenue for Q3 was $14.5 billion, up 1% year-over-year.
- The stock price fell from a high of $147.65 to a low of $135.00 during the call.