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Shares of International Business Machines Corp. IBM shed 0.36% to $128.08 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX falling 1.15% to 3,921.05 and Dow Jones Industrial Average DJIA falling 0.71% to 31,761.54. The stock's fall snapped a two-day winning streak. International Business Machines Corp. closed $16.65 short of its 52-week high ($144.73), which the company achieved on June 6th.
Despite its losses, the stock outperformed some of its competitors Tuesday, as Apple Inc. AAPL fell 0.88% to $151.60, Microsoft Corp. MSFT fell 2.68% to $251.90, and Alphabet Inc. Cl A GOOGL fell 2.32% to $105.02.true Trading volume (3.6 M) remained 2.0 million below its 50-day average volume of 5.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 26, 2022.
(END) Dow Jones Newswires
July 26, 2022 16:59 ET (20:59 GMT)
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