IBM shares plunge 25% in worst single-day fall since 1987, erasing $69bn in value

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IBM's stock tumbled 25% on Tuesday, marking the company's steepest single-day decline since the 1987 Black Monday market crash. The dramatic sell-off wiped out approximately $69 billion in market value in a single trading session. The sharp drop in IBM shares also triggered weakness across other software stocks. The scale of the decline has drawn widespread attention, surpassing losses IBM suffered even during one of history's most notorious market crashes.

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