Thread regarding IBM layoffs

IBM Stock price almost below $100

Stock is sure to drop below $100 before this corona virus stuff is all said and done. At that point, some company(ies) or activist investor group will surely look to buy the whole kit and caboodle.

https://www.marketwatch.com/investing/stock/ibm

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Post ID: @OP+141I94F0

5 replies (most recent on top)

It hit $96 just moment ago. . .

https://www.marketwatch.com/investing/stock/ibm

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Post ID: @3oez+141I94F0

The global recession is upon us and businesses are cutting their spending to bare necessities. IBM will not be profitable under these circumstances, and unlike some companies, it does not have the cash on hand to ride this out for an extended period of time. IBM already owes more than it has cash. This may be the end for IBM.

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Post ID: @mix+141I94F0

NO one is going to buy IBM whole. Maybe parts of it.

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Post ID: @pxu+141I94F0

Nobody’s gonna buy it. Too many other profitable tech stocks will temporarily plummet as a result of the market swings. IBM has been failing for over a decade!

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Post ID: @mwy+141I94F0

who would though???
At $80 def a venture capitalist break up the parts to sell off.
Others Apple? do they need it?
Microsoft, wouldn't be allowed,
What would it cost 150 billion??? plus???

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Post ID: @skz+141I94F0

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