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IBM: The Last Time This Happened, the Stock Rallied 35%

International Business Machines Today IBM International Business Machines 236.156.12(2.53236.15 -6.12 (-2.53%) ▼ 296.16 Dividend Yield 2.85% 52-Week Range 189.00P/ERatio38.34PriceTarget189.00 P/E Ratio 38.34 Price Target 268.75 Add to Watchlist Tech giant International Business Machines Corp NYSE: IBM is back on our radars after a bruising few weeks. Having traded as high as 295earlierthissummer,sharesarenowhoveringjustabovethe295 earlier this summer, shares are now hovering just above the 250 level. That marks about a 15% drop from July's peak and effectively wipes out a good chunk of the hard-wo ...