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International Business Machines shares slipped double digits on Tuesday after the hardware, software and consulting provider released preliminary second-quarter results that fell short of expectations. The tech company reported adjusted earnings of $2.93 a share on revenue of $17.2 billion, below analysts' expectations for earnings of $3.01 a share and revenue of $17.86 billion, according to FactS...
IBM shares skid more than 20% after company warns second-quarter earnings fell short of expectations | Huntaegis