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Why did IBM stock fall despite beating Q3 earnings and raising guidance - Investors eye this key segment
The Economic Times· 2025-10-23 06:18
: Shares of International Business Machines Co dipped more than 6% in after-hours trading on Wednesday as investors reacted to modest growth in the company’s software division during the latest quarter, as per a report.IBM Stock Falls After Modest Software Growth in Q3 reported software revenues of $7.2 billion for the September quarter, matching the FactSet analyst consensus, as per a Market Watch report. Within the software business, hybrid-cloud revenue, including Red Hat, rose 14%, automation revenue i ...