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Shares of International Business Machines Corp. IBM inched 0.23% higher to $128.54 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 0.13% to 3,966.84 and the Dow Jones Industrial Average DJIA rising 0.28% to 31,990.04. This was the stock's second consecutive day of gains. International Business Machines Corp. closed $16.19 short of its 52-week high ($144.73), which the company reached on June 6th.
The stock outperformed some of its competitors Monday, as Apple Inc. AAPL fell 0.74% to $152.95, Microsoft Corp. MSFT fell 0.59% to $258.83, and Alphabet Inc. Cl A GOOGL fell 0.36% to $107.51. Trading volume (4.7 M) remained 972,679 below its 50-day average volume of 5.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 25, 2022.
(END) Dow Jones Newswires
July 25, 2022 16:59 ET (20:59 GMT)
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