65
Markets2h 25m ago

IBM stock experienced its largest intraday loss since at least January 3, 1968, plunging 26 percent, leading to a decline in Infosys ADRs by 3.91 percent and Wipro ADRs by 3.16 percent.

New York

Who
IBM, Infosys, Wipro
What
IBM stock experienced its largest intraday loss since at least January 3, 1968, plunging 26 percent, leading to a decline in Infosys ADRs by 3.91 percent and Wipro ADRs by 3.16 percent.
When
Wed, 15 Jul 2026 02:17:17 GMT · 2h 25m ago
Where
New York ·
Why
The selloff in IBM stock triggered a decline in the American Depositary Receipts (ADRs) of Indian IT companies Infosys and Wipro.
The Frontline Impact

How this affects you

The significant drop in IBM's stock price has negatively impacted the ADRs of Indian IT firms Infosys and Wipro, indicating potential contagion effects or sector-wide sentiment shifts within the technology market.

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