IBM stock price slides again as AI disruption fears hit software, IT services
New York, Feb 4, 2026, 11:51 EST — Regular session
- IBM shares dive further, pressured by mounting concerns over AI risks in software and tech services.
- Sector jitters deepened as new AI tools from Anthropic hit the scene, while Gartner delivered a gloomy outlook.
- Focus now turns to IBM’s February dividend record date and its upcoming earnings report.
International Business Machines Corp shares dropped $9.19, or 3.1%, to $285.12 in late morning trading on Wednesday. During the session, the stock swung between $279.13 and $296.10.
The decline is significant given IBM’s status as a Dow heavyweight, and the selloff is taking on the feel of a broader issue rather than just a single stock. U.S. equities closed…
