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IBM Stock Drops After Hours Amid AI Expansion Plans

Guavy AI Editorial Team Published October 2, 2026

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IBM

IBM's stock closed at EUR 197.74 in after-hours trading on October 2, 2026, down 1.55 percent from its prior close of EUR 200.85.

The decline comes as the company announces new AI deployment options and a board appointment.

IBM has expanded its self-hosted AI platform to allow for deployment on premises, in private clouds, sovereign clouds, and air-gapped environments.

This move is aimed at organizations seeking control over data residency, security policies, AI governance, and software development workflows.

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