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Shares of International Business Machines Corp. IBM inched 0.96% higher to $132.04 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX falling 0.28% to 4,118.63 and Dow Jones Industrial Average DJIA falling 0.14% to 32,798.40. This was the stock's fourth consecutive day of gains. International Business Machines Corp. closed $12.69 below its 52-week high ($144.73), which the company achieved on June 6th.
The stock outperformed some of its competitors Monday, as Apple Inc. AAPL fell 0.62% to $161.51, Microsoft Corp. MSFT fell 0.97% to $278.01, and Alphabet Inc. Cl A GOOGL fell 1.26% to $114.86. Trading volume (4.1 M) remained 1.5 million below its 50-day average volume of 5.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 1, 2022.
(END) Dow Jones Newswires
August 01, 2022 16:59 ET (20:59 GMT)
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