IBM has been in the news 900% more than usual
Feb 24, 2026, 7:31 AM
9.61%
What does IBM do
International Business Machines (IBM) is an IT company headquartered in Armonk, New York, with 305,300 employees, offering integrated solutions across Software, Consulting, Infrastructure, and Financing segments. Its Software segment includes Hybrid Platform & Solutions and transaction processing for various industries.
IBM has been in the news recently: International Business Machines Corp's short interest decreased by 5.93% to 18.66 million shares, representing 2.22% of its float, with a cover time of 3.44 days. On Monday, IBM's shares dropped by 13.18% to $223.35, but saw a slight recovery of 0.94% in after-hours trading, amidst concerns about the impact of AI on the market following claims from Anthropic.
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