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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.
(END) Dow Jones Newswires
January 21, 2022 17:00 ET (22:00 GMT)
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