IBM shares climbed up to 15% in premarket trading on Monday after a video of President Donald Trump praising the company's CEO recirculated on social media over the weekend.
The clip, which dates to a December event, shows Trump commending Arvind Krishna for moving IBM's stock from a lower price point to a higher valuation. In the clip, Trump also indicates he would not describe the then-current price as high, because Krishna would likely say the stock could rise further.
Multiple accounts reshared the footage on X during the weekend. One such post, from an account named Polymarket Money, was shared on Saturday and had gathered more than 700,000 views as of 7:30 a.m. in New York.
The sharp premarket gain in IBM (NYSE: IBM) follows last week’s notable move in Dell, where shares climbed about 33% on Friday. Dell's jump drew attention after social-media interest framed the company as being favored by Trump, creating a link in market commentary between social engagement and stock moves.
Traders and market participants noted the coincidence of renewed social-media attention and the abrupt price moves in both names. The reporting does not establish whether the social posts caused the price changes, only that the resurfaced video and heavy online view counts coincided with the early-morning uptick in IBM shares and followed Dell’s prior surge.
For market observers, the episode underscores how widely circulated social clips can coincide with volatility in individual stocks. The accounts that amplified the video, including the Saturday post by Polymarket Money, recorded substantial view counts by early Monday, a detail that aligns with the timing of IBM’s premarket rise.
No additional information about trading volumes or longer-term price impact is available in the reporting. Likewise, the reporting does not link the video or social posts to any corporate disclosures or changes in company fundamentals for IBM or Dell.