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IBM Shares Crash 25% Following Profit Warning

IBM shares experienced a significant decline of 25%, marking one of the company's worst trading days ever, following a profit warning attributed to client spending on memory ahead of price hikes.

14 Jul, 20:14 — 14 Jul, 21:10
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The Story

Analyzing sources…

Source Diversity

Source Diversity

Low (19/100)
2 sources— more sources would strengthen this score15/33
Spectrum spread1/5 buckets covered0/33
Far L
Left
Center2
Center (2)
marketwatchforbes
Right
Far R
Geographic diversity1 region4/34
US2
All sources from US region
Only 2 sources cover this story