International Business Machines Corp (IBM) shares have extended their sharp decline, falling 26% over the past five trading sessions to reach a multi-quarter low.
The prolonged sell-off follows a cautious sales outlook that has spooked investors, who are rushing to exit positions amid concerns over the company's near-term growth trajectory.
This development follows a historic collapse in US trading on Tuesday, where IBM shares plunged 26% in a single session—the steepest drop for the technology giant since the 1987 market crash.
The market reaction reflects deepening anxiety about IBM's ability to capitalize on the artificial intelligence boom.
According to Livemint, the slump is being driven by shifting customer spending patterns compounded by AI-related supply shortages.
These structural headwinds have eroded confidence in the company's near-term revenue visibility, turning what began as a single-day shock into a sustained repricing of the stock.
This development follows a historic collapse in US trading on Tuesday, where IBM shares plunged 26% in a single session—the steepest drop for the technology giant since the 1987 market crash. That initial shock wiped out approximately a quarter of the company's market capitalization, marking the most severe single-day decline in nearly four decades.