International Business Machines Corp. Stock Slides 7.2%, Underperforms Peers

Dow Jones06-04 04:33

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of International Business Machines Corp. slid 7.2% to $305.63 on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.7% to 7,553.68 and Dow Jones Industrial Average falling 1.2% to 50,687.07.

The stock's fall snapped a five-day winning streak.

International Business Machines Corp. closed 8.1% below its 52-week high of $332.46, which the company achieved on June 2nd.

The stock underperformed when compared to some of its peers, as Microsoft Corp. fell 3.2% to $427.34, Alphabet Inc. Cl C fell 0.8% to $355.68, and Alphabet Inc. Cl A fell 0.79% to $358.99.

Trading volume totaled 13.5 million, compared to the 50-day average of 8.0 million.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

June 03, 2026 16:33 ET (20:33 GMT)

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Cl C fell 0.8% to $355.68, and Alphabet Inc. 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Cl C fell 0.8% to $355.68, and Alphabet Inc. Cl A fell 0.79% to $358.99. \n\n\n     Trading volume totaled 13.5 million, compared to the 50-day average of 8.0 million. \n\n\n  Data source: Dow Jones Market Data, FactSet \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  June 03, 2026 16:33 ET (20:33 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.43.1","shortVersion":"4.43.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2640181777","isCrawlerRequest":true}