DJ International Business Machines Corp. Stock Outperforms Competitors On Strong Trading Day
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Shares of International Business Machines Corp. $(IBM)$ rallied 1.70% to $223.92 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.04% to 42,342.24 and the S&P 500 Index falling 0.09% to 5,867.08.
The stock's rise snapped a four-day losing streak.
International Business Machines Corp. closed $15.43 short of its 52-week high ($239.35), which the company achieved on December 9th.
The stock outperformed some of its competitors Thursday, as Microsoft Corp. $(MSFT)$ fell 0.08% to $437.03, Alphabet Inc. Cl C $(GOOG)$ fell 0.24% to $189.70, and Alphabet Inc. Cl A $(GOOGL)$ rose 0.06% to $188.51.
Trading volume (4.4 M) eclipsed its 50-day average volume of 4.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 19, 2024.
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(END) Dow Jones Newswires
December 19, 2024 16:36 ET (21:36 GMT)
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