IBM’s losing streak:

Yesterday after closing bell IBM (NYSE:IBM) have released their earnings report for the first quarter of 2017.

 

Unfortunately, IBM reported a bigger-than-expected decline in revenue for the first time in five quarters due to weak demand in its IT services.

This is not the first time that IBM are reporting a decline in their revenues and their revenue has actually dropped down for 20 quarters in a row.

 

In the past 60 days, IBM’s stock value has gone down for over 6% and are expected to open today’s trading with another decrease of 4.7%.

 

Go open your IBM trades now at FXPMarkets.com, where you will be trading stocks at 1:10 leverage and a small increase of 6% in the asset’s value will be translated to 60% profit!

 

*By trading CFDs your capital is at risk.

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