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Shares of International Business Machines Corp. (IBM) inched 0.88% higher to $134.76 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.42% to 4,659.03 and Dow Jones Industrial Average falling 0.49% to 36,113.62. This was the stock's second consecutive day of gains. International Business Machines Corp. closed $11.23 short of its 52-week high ($145.99), which the company reached on June 10th.
The stock outperformed some of its competitors Thursday, as Apple Inc. (AAPL) fell 1.90% to $172.19, Microsoft Corp. (MSFT) fell 4.23% to $304.80, and Alphabet Inc. Cl A (GOOGL) fell 2.01% to $2,771.74. Trading volume (4.8 M) remained 771,587 below its 50-day average volume of 5.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 13, 2022.
(END) Dow Jones Newswires
January 13, 2022 17:00 ET (22:00 GMT)
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