Why Is IBM Stock Falling Friday?
IBM stock hits $211 as a "death cross" and fresh analyst downgrades signal continued bearish momentum ahead of July 22 earnings.
IBM's stock price dropped, and some investors are worried because of a chart pattern and experts saying the stock might keep going down before the company reports results next week. When lots of people feel worried about a company, that can affect its price, so it's worth paying attention to what happens when they share their earnings.
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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