International Business Machines Corp. Stock Outperforms Market Despite Losses On The Day
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of International Business Machines Corp. (IBM) shed 1.12% to $129.35 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.89% to 4,397.94 and Dow Jones Industrial Average falling 1.30% to 34,265.37. This was the stock's fifth consecutive day of losses. International Business Machines Corp. closed $16.64 short of its 52-week high ($145.99), which the company achieved on June 10th.
Despite its losses, the stock outperformed some of its competitors Friday, as Apple Inc. (AAPL) fell 1.28% to $162.41, Microsoft Corp. (MSFT) fell 1.85% to $296.03, and Alphabet Inc. Cl A (GOOGL) fell 2.22% to $2,607.03.true Trading volume (5.9 M) eclipsed its 50-day average volume of 5.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 21, 2022.
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(END) Dow Jones Newswires
January 21, 2022 17:00 ET (22:00 GMT)
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