This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of International Business Machines Corp. rose 5.2% to $261.54 on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.6% to 5,770.20 and the Dow Jones Industrial Average rising 0.5% to 42,801.72.
The stock's rise snapped a two-day losing streak.
International Business Machines Corp. closed 1.6% short of its 52-week high of $265.72, which the company reached on February 5th.
The stock outperformed some of its competitors, as Microsoft Corp. fell 0.9% to $393.31, Alphabet Inc. Cl C rose 0.9% to $175.75, and Alphabet Inc. Cl A rose 0.88% to $173.86.
Trading volume totaled 6.7 million, compared to the 50-day average of 4.6 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
March 07, 2025 16:35 ET (21:35 GMT)
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