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OpenAI and Anthropic's stock market launches might cause investors to sell off struggling companies like IBM, Tesla, and AppLovin.

ProductRead the original at benzinga.com
Bad for IBM

International Business Machines was listed by Evercore among 40 stocks at risk ahead of big AI IPOs, implying possible investor selling to make room for new IPOs.

IBM · International Business Machines

AI read · Bad for IBM

The AI's read

International Business Machines was named on Evercore’s shortlist of 40 stocks that meet its at-risk screening ahead of big AI IPOs. That listing means some investors might sell IBM shares to make room for IPOs and realize tax losses.

APP · AppLovin

AI read · Bad for APP

The connection

AppLovin was named on Evercore’s 40-stock shortlist of names at risk, which could make it vulnerable to selling ahead of major AI IPOs.

ASTS · AST SpaceMobile Inc.

AI read · Bad for ASTS

The connection

AST SpaceMobile appears on Evercore’s 40-stock at-risk list, which could make it a target for selling as investors free cash for IPOs.

MCD · McDonald’s Corp.

AI read · Bad for MCD

The connection

McDonald’s was listed among Evercore’s 40 at-risk stocks, indicating investors might trim it to make room for anticipated AI IPOs.

FSLR · First Solar Inc.

AI read · Bad for FSLR

The connection

First Solar was named on Evercore’s shortlist of 40 stocks at risk, so it could face selling as investors reallocate into large AI IPOs.

TSLA · Tesla Inc.

AI read · Bad for TSLA

The connection

Tesla was included on Evercore’s shortlist of 40 at-risk stocks, suggesting it could face additional selling as investors reallocate into IPOs.

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