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Home»BUSINESS»International Business Machines Corp. stock falls Thursday, underperforms market
BUSINESS

International Business Machines Corp. stock falls Thursday, underperforms market

Aaron PaulBy Aaron PaulJanuary 26, 2023Updated:January 26, 2023No Comments1 Min Read
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International Business Machines Corp. IBM stock,
-4.48%
On Thursday, what proved to be an overall positive trading session for the stock market with the S&P 500 Index SPX fell 4.48% to $134.45.
+1.10%
Up 1.10% to 4,060.43, the Dow Jones Industrial Average DJIA,
+0.61%
It rose 0.61% to 33,949.41. This was the stock’s third consecutive loss. International Business Machines Corp. closed $18.76 below his 52-week high of $153.21 reached on Dec. 13.

The stock underperformed when compared to some of its competitors on Thursday.
+3.07%
Alphabet Inc. Cl C GOOG,
+2.51%
Up 2.51% to $99.16, Alphabet Inc. Cl A GOOGL,
+2.42%
2.42% higher to $97.52. Trading volume (17.5 million) exceeded the 50-day average trading volume of 4.2 million.

Editor’s note: This article was auto-generated by automated technology provider Automated Insights using data from Dow Jones and FactSet. See Market Data Terms of Use.



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