markets · · fool.com

Big Blue's Wild Wednesday Ride: IBM Crushes Q3 Earnings, So Why Did the Stock Tank Mid-Call?

International Business Machines beat third-quarter expectations on both revenue and earnings, initially driving shares 7.3% higher in after-hours trading. The stock reversed abruptly halfway through the earnings call, dropping to a 4.6% after-hours loss around 5:35 p.m.

Big Blue's Wild Wednesday Ride: IBM Crushes Q3 Earnings, So Why Did the Stock Tank Mid-Call?

International Business Machines beat third-quarter expectations on both revenue and earnings, initially driving shares 7.3% higher in after-hours trading. The stock reversed abruptly halfway through the earnings call, dropping to a 4.6% after-hours loss around 5:35 p.m.

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