IBM shares plunge 25% after Q2 results miss Wall Street estimates
What's new: IBM posted adjusted earnings of $2.93 a share on $17.2 billion in revenue, both below FactSet forecasts.
Bloomberg, CNBC +1
What's new: IBM posted adjusted earnings of $2.93 a share on $17.2 billion in revenue, both below FactSet forecasts.
What's new: Net buying was running at more than 50 times Wendy's 20-day average, while about 23% of its free float was sold short.
What’s new: First-quarter revenue rose 15% to $1.56 billion, and the retailer now sees up to $580 million in adjusted operating income.