IBM (IBM) Down 2.3% Since Buffett Stake Announced
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Price: $287.56 -2.62%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 2.6%
Revenue Growth %: +5.1%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 2.6%
Revenue Growth %: +5.1%
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International Business Machines (NYSE: IBM) is currently trading at about $183, down 2.3 percent since Warren Buffett and Berkshire (NSE: BRK.A)(NYSE: BRK/B) disclosed a $10.7 billion stake in the company last Monday during a CNBC interview.
However, shares are up 7.6 percent above where Buffett said he paid for the stock (around $170).
IBM is moving off of pre-market lows Monday.
However, shares are up 7.6 percent above where Buffett said he paid for the stock (around $170).
IBM is moving off of pre-market lows Monday.
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