International Business Machines is trading 3.08% down at $246.47 as of November 5, 2026, amid a sharp market-wide technology selloff.
- Reuters reported investors were retreating from AI-related stocks amid spending, financing, and data-center concerns.
- IBM announced a quantum error-correction platform with Oak Ridge National Laboratory and AMD; available reporting does not connect the news to the share-price drop.
- Major indexes and software shares were also lower, supporting a broader risk-off explanation.