Warren Buffett has sold IBM shares, and 'revalued' tech icon downward, cites 'big strong competitors'
Publishing timestamp: 2017-05-05 00:12:28
Summary
Warren Buffett has lost confidence in IBM, selling off a third of his stake in the company. He believes IBM has not performed as expected and has faced tough competition. Despite this, Berkshire Hathaway still owns over 50 million shares of IBM.
Sentiment: NEGATIVE
Keywords: international business machines corp, business news, software, warren buffett, technology,