DJ International Business Machines Corp. Stock Outperforms Competitors On Strong Trading Day
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Shares of International Business Machines Corp. $(IBM)$ rallied 1.21% to $253.21 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.22% to 5,778.15 and Dow Jones Industrial Average falling 1.55% to 42,520.99.
The stock's rise snapped a five-day losing streak.
International Business Machines Corp. closed 4.71% short of 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. $(MSFT)$ rose 0.03% to $388.61, Alphabet Inc. Cl C $(GOOG)$ rose 2.34% to $172.61, and Alphabet Inc. Cl A $(GOOGL)$ rose 2.34% to $170.92.
Trading volume (5.3 M) eclipsed its 50-day average volume of 4.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 4, 2025.
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(END) Dow Jones Newswires
March 04, 2025 16:33 ET (21:33 GMT)
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