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IBM: Krishna Consciousness is Building Slowly

Mar 25, 2021 - Nasdaq

Nearly a year since becoming CEO of International Business Machines (NYSE:IBM), Arvind Krishna has seen a 13% gain in the company’s stock.

Source: Laborant / Shutterstock.com

Trouble is the S&P 500 is up 47% in that time and the NASDAQ, containing most of the IBM’s competitors, is up 65%. IBM opens for trade March 19 at $130.25/share. A market cap of $116 billion for what was, in the 20th century, the dominant name in computing.

Krishna and President Jim Whitehurst, who br...