Investors will be hoping for strength from IBM as it approaches its next earnings release. On that day, IBM
is projected to report earnings of $2.22 per share, which would represent a year-over-year decline of
9.39%.
And the perpetual, much ballyhooed turnaround crumbles further. . .
https://www.zacks.com/stock/news/371059/ibm-ibm-stock-sinks-as-market-gains-what-you-should-know
IBM doesn't appear a compelling earnings-beat candidate.
Earnings Preview: IBM (IBM) Q1 Earnings Expected to Decline --
https://www.zacks.com/stock/news/373776/earnings-preview-ibm-ibm-q1-earnings-expected-to-decline
How about split shares to 10:1
That way welcome more investors
Raise more $s and Buy Red Hat.
Need more employees
No layoffs.
The stock will drop $20 the day after the 1Q earnings release.
Yes, I agree, IBM is in a death spiral that will be hard to stop.