#AIFearsSendIBMDown11% 1. “Concerns or fears about artificial intelligence (AI) caused IBM’s stock price to drop by 11%.”
Yes, this is 100% true and happened very recently (February 23–24, 2026).
IBM’s stock fell around 11–13% in a single day — it closed down about 13.2% at roughly $223.35.
This was one of the biggest single-day drops for IBM in the last 25 years!
Why did it crash so hard?
Because investors got scared of AI.
A company called Anthropic (makers of the AI model Claude) announced a new tool called “Claude Code.”
This tool can quickly modernize (update) very old computer code writ