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IBM shares plunge after boardroom debate
The move follows a reported boardroom dispute that culminated in a historic 25% drop in IBM stock.
IBM’s share price fell sharply after a boardroom dispute that the Wall Street Journal describes as a driver of the company’s historic 25% stock plunge.
The outlet frames the episode as part of a broader narrative about market dynamics and investors’ expectations around IBM, as the stock repriced after the internal debate.
WSJ Markets also points to shifting investor behavior, including that some long-time investors are increasing allocations rather than reducing them.