IBM Share Crash: The shares of IBM (International Business Machines) plunged 25 per cent on Tuesday after the US tech giant released disappointing preliminary second-quarter results. This was the worst stock price crash company in the last 58 years, according to a Bloomberg report.

IBM lost between $67 billion and $70 billion in market capitalisation in a single day during its historic stock crash. The legacy company, founded in 1911, said its revenue for the three months ending in June rose just one per cent to $17.2 billion.

“We faltered… and did not adapt and move quickly enough,” IBM CEO Arvind Krishna said in…