Over the period since Ginni Rometty became CEO of International Corp. (NYSE: IBM), the company has underperformed the market substantially, as has the tech giant’s financial performance. IBM’s stock performance shows how harshly Wall Street has treated the company since she took over at the start of 2012.
IBM’s shares are flat over the period, while the S&P 500 is higher by nearly 70%. It has also underperformed the stocks of Microsoft Corp. (NASDAQ: MSFT), Oracle Corp. (NASDAQ: ORCL) and Hewlett-Packard Co. (NYSE: HPQ).
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