🔴 International Business Machines is trading 4.6% down in after-hours trading though the reason remains unclear

International Business Machines is trading 4.6% lower at $239.50 after hours; the reason for the decline remains unclear.

• It closed at $251.06 on October 21, 2026.
• Third-quarter revenue was $17.1 billion; software revenue grew 8%, and adjusted EPS of $2.95 exceeded expectations. Management raised its free-cash-flow outlook.
• Reuters reported shares rose about 4% in extended trading, contrary to the supplied quote; no verified late-breaking negative catalyst was found.