IBM is trading at $264.65 (-2.99%) in a continued pullback from recent highs as the stock faces profit-taking and softer sentiment across the tech sector.
- The decline follows a sharp 6.50% drop on February 11, though there is no company-specific news driving today's price action.
- The move aligns with broader market trends as the NASDAQ fell 0.20% in a mixed trading session for technology equities.