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Shares of International Business Machines Corp. (IBM) slipped 1.60% to $132.87 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.92% to 4,713.07 and the Dow Jones Industrial Average rising 0.51% to 36,252.02. International Business Machines Corp. closed $13.12 below its 52-week high ($145.99), which the company achieved on June 10th.
The stock underperformed when compared to some of its competitors Tuesday, as Apple Inc. (AAPL) rose 1.68% to $175.08, Microsoft Corp. (MSFT) rose 0.23% to $314.98, and Alphabet Inc. Cl A (GOOGL) rose 0.77% to $2,794.72. Trading volume (11.1 M) eclipsed its 50-day average volume of 5.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 11, 2022.
(END) Dow Jones Newswires
January 11, 2022 17:00 ET (22:00 GMT)
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