During 1999 and 2000 when technology companies were going parabolic, IBM had a sharp decline in September and October 1999. This was followed by a significant amount of volatility and it eventually collapsed in late 2002. IBM was one of the first stocks to have a significant correction before markets started collapsing in 2000.
Once again, IBM is in the process of repeating their 1999 collapse scenario as technology stocks go parabolic. Big blocks have been crossing the tape since June 2025 as Market Makers distribute their inventory.
Note that this information is for educational purposes only and not a recommendation.
Stock charts courtesy of StockCharts.com.
