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Shares of International Business Machines Corp. (IBM) slipped 1.02% to $131.58 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.97% to 4,532.76 and Dow Jones Industrial Average falling 0.96% to 35,028.65. This was the stock's third consecutive day of losses. International Business Machines Corp. closed $14.41 below its 52-week high ($145.99), which the company reached on June 10th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Apple Inc. (AAPL) fell 2.10% to $166.23, Microsoft Corp. (MSFT) rose 0.22% to $303.33, and Alphabet Inc. Cl A (GOOGL) fell 0.65% to $2,702.33. Trading volume (4.1 M) remained 1.4 million below its 50-day average volume of 5.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 19, 2022.
(END) Dow Jones Newswires
January 19, 2022 17:00 ET (22:00 GMT)
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