IBM Stock Crashes 25% in a Single Day — Biggest One-Day Drop in History

IBM shares fell more than $73 to around $217, a single-day decline of roughly 25% — one of the steepest one-day drops in the company's history. The dramatic fall has prompted analysts to identify a rare options trading opportunity in the aftermath. Investors are now debating whether the crash signals deeper structural problems at IBM or a temporary market overreaction.