Why Is IBM Stock Falling Wednesday?
Why is IBM stock falling despite a tech rally? Key insights on profit-taking, $1B CHIPS Act funding, and technical analysis.
Economy · News reference
IBM shares are trading lower amid possible profit taking after the company finalized its $1B CHIPS Act award with the U.S. government and ahead of today's FOMC rate decision and Fed commentary. The stock has rallied approximately 40% since late July.
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