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Shares of International Business Machines Corp. (IBM) dropped 0.58% to $130.82 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.10% to 4,482.73 and Dow Jones Industrial Average falling 0.89% to 34,715.39. This was the stock's fourth consecutive day of losses. International Business Machines Corp. closed $15.17 short of 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 Thursday, as Apple Inc. (AAPL) fell 1.03% to $164.51, Microsoft Corp. (MSFT) fell 0.57% to $301.60, and Alphabet Inc. Cl A (GOOGL) fell 1.34% to $2,666.15. Trading volume (5.3 M) remained 235,445 below its 50-day average volume of 5.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 20, 2022.
(END) Dow Jones Newswires
January 20, 2022 17:00 ET (22:00 GMT)
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