IBM stock falls after earnings beat
International Business Machines Corp. shares fell more than 5% in the extended session Tuesday after the company beat earnings expectations. IBM shares closed up 1.9% to $160.93 during the regular session. The company reported first-quarter net income of $1.68 billion, or $1.82 a share, compared with $1.75 billion, or $1.86 a share, in the year-ago period. Adjusted earnings were $2.45 a share. Revenue rose to $19.07 billion from $18.16 billion in the year-ago period. Analysts surveyed by FactSet... Читать дальше...