DJ International Business Machines Corp. Stock Underperforms Tuesday When Compared To Competitors
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Shares of International Business Machines Corp. $(IBM)$ shed 1.57% to $257.75 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.37% to 43,621.16 and the S&P 500 Index falling 0.47% to 5,955.25.
International Business Machines Corp. closed 3.00% below its 52-week high of $265.72, which the company achieved on February 5th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Microsoft Corp. $(MSFT)$ fell 1.51% to $397.90, Alphabet Inc. Cl C $(GOOG)$ fell 2.11% to $177.37, and Alphabet Inc. Cl A $(GOOGL)$ fell 2.14% to $175.42.
Trading volume (6.1 M) eclipsed its 50-day average volume of 4.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 25, 2025.
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(END) Dow Jones Newswires
February 25, 2025 16:33 ET (21:33 GMT)
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