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U.S. stock futures were lower this morning, with the Dow futures falling over 200 points on Thursday.
Shares of International Business Machines Corporation (NYSE:IBM) fell sharply in today's pre-market trading after the company reported mixed first-quarter financial results. The company also announced it will acquire HashiCorp.
IBM's first-quarter revenue increased 1% year-over-year to $14.46 billion, which missed the consensus estimate of $14.55 billion, according to Benzinga Pro. The company reported quarterly adjusted earnings of $1.68 per share, which beat analyst estimates of $1.60 per share.
IBM shares tumbled 8.4% to $168.73 in pre-market trading.
Here are some big stocks recording losses in today's pre-market trading session.
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