DJ International Business Machines Corp. Stock Outperforms Competitors Despite Losses On The Day
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Shares of International Business Machines Corp. $(IBM)$ slid 1.02% to $253.23 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.59% to 5,861.57 and Dow Jones Industrial Average falling 0.45% to 43,239.50.
This was the stock's third consecutive day of losses.
International Business Machines Corp. closed 4.70% 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 Thursday, as Microsoft Corp. $(MSFT)$ fell 1.80% to $392.53, Alphabet Inc. Cl C $(GOOG)$ fell 2.57% to $170.21, and Alphabet Inc. Cl A $(GOOGL)$ fell 2.45% to $168.50.
Trading volume (3.4 M) remained 1.1 million below its 50-day average volume of 4.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 27, 2025.
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February 27, 2025 16:33 ET (21:33 GMT)
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