International Business Machines Corp.'s stock IBM, -5.52% tumbled 6.2% in premarket trading, and was the only Dow Jones Industrial Average DJIA, +0.09% component trading lower, after the technology giant topped profit expectations but missed on revenue. The stock's implied price decline would shave about 60 points off the Dow's price, while Dow futures YMZ19, -0.08% rose 72 points.
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October 17, 2019 at 08:02PM
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IBM's stock drop a 60-point drag on the Dow - MarketWatch
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