International Business Machines Corporation (NYSE:IBM) is one of the stocks Jim Cramer commented on. Cramer noted the stock’s recent decline, as he remarked:
Yesterday, Anthropic put out something that sounded like it could hurt IBM, and IBM stock lost over 13% like this. It was one of the worst declines in ages. IBM has the same problem as the hard-hit enterprise software cohort. It’s difficult to understand because some of its businesses are complicated. It was an astonishing decline for a company that is actually doing quite well.
Credit: IBM
International Business Machines Corporation (NYSE:IBM) provides software, consulting, and cloud and on-site technology solutions, along with financing to help clients use its products.
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