IBM Stock Plunges To 25-Year Low—Could Anthropic’s Latest Move Lead To A Historic Crash In Nearly 60 Years?

February 24, 2026

IBM's stock plummeted to its lowest level in 25 years, dropping 13.2% following Anthropic's announcement about its Claude Code tool, which aids in modernizing the COBOL programming language used in many IBM systems. This decline marks IBM's largest single-day drop since 2000 and contributes to a 27% decrease in February, potentially leading to its worst month since 1968.

IBM Stock Plunges To 25-Year Low—Could Anthropic’s Latest Move Lead To A Historic Crash In Nearly 60 Years?

Credit: Timesnownews

Key Highlights

IBM shares fell 13.2%, marking the largest drop since October 2000.
The stock price reached $223.35, its lowest in nearly three decades.
Anthropic's Claude Code tool can assist in upgrading the COBOL programming language.
IBM has seen a 27% decline in stock value in February 2023.
This situation could result in IBM's worst monthly performance since 1968.

Sources

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

IBM Stock Plunges To 25-Year Low—Could Anthropic’s Latest Move Lead To A Historic Crash In Nearly 60 Years?

Key Highlights

Sources

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