Redwood Investment Management Buys New IBM Stake After SEC Disclosure
Redwood Investment Management LLC bought 5,671 shares of IBM in the second quarter, valuing the stake at about $1.595 million, per an SEC disclosure. IBM reported quarterly EPS of $2.93 and revenue of $17.16 billion, and it recently set a quarterly dividend. Analyst commentary was mixed, while IBM, Cleveland Clinic, and RIKEN advanced to finals of the 2026 ACM Gordon Bell Prize using quantum-centric supercomputing.
Coverage (6)
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