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Shares of International Business Machines Corp. IBM shed 1.44% to $137.18 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX falling 0.45% to 3,801.78 and Dow Jones Industrial Average DJIA falling 0.67% to 30,772.79. This was the stock's second consecutive day of losses. International Business Machines Corp. closed $7.55 short of its 52-week high ($144.73), which the company reached on June 6th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Apple Inc. AAPL fell 0.25% to $145.49, Microsoft Corp. MSFT fell 0.37% to $252.72, and Alphabet Inc. Cl A GOOGL fell 2.34% to $2,227.07. Trading volume (4.1 M) remained 911,171 below its 50-day average volume of 5.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 13, 2022.
(END) Dow Jones Newswires
July 13, 2022 17:01 ET (21:01 GMT)
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