SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of International Business Machines Corporation

NEW YORK, Jan. 20, 2023 /PRNewswire/ — Pomerantz LLP is investigating claims on behalf of investors of  International Business Machines Corporation (“IBM” or the “Company”) (NYSE: IBM).  Such investors are advised to contact Robert S. Willoughby at  [email protected] or 888-476-6529, ext. 7980.

The investigation concerns whether IBM and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

[Click here for information about joining the class action] 

On October 16, 2018, post-market, IBM issued a press release announcing its preliminary results for the third quarter of 2018.  Among other items, IBM reported revenue of $18.8 billion, representing a decline of 2%, as well as slowing growth in its Strategic Imperatives segment. 

On this news, IBM’s stock price fell $10.57 per share, or 7.63%, to close at $128.04 on October 17, 2018.

Pomerantz LLP, with offices in New York,

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