DJ International Business Machines Corp. Stock Outperforms Competitors Despite Losses On The Day
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Shares of International Business Machines Corp. $(IBM)$ shed 1.23% to $261.48 Friday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.71% to 6,013.13 and Dow Jones Industrial Average falling 1.69% to 43,428.02.
The stock's fall snapped a seven-day winning streak.
International Business Machines Corp. closed 1.60% short of its 52-week high of $265.72, which the company achieved on February 5th.
Despite its losses, the stock outperformed some of its competitors Friday, as Microsoft Corp. $(MSFT)$ fell 1.90% to $408.21, Alphabet Inc. Cl C $(GOOG)$ fell 2.71% to $181.58, and Alphabet Inc. Cl A $(GOOGL)$ fell 2.65% to $179.66.
Trading volume (5.6 M) eclipsed its 50-day average volume of 4.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 21, 2025.
This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
February 21, 2025 16:33 ET (21:33 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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