International Business Machines Corp. Stock Advances 7.6%, Outperforms Peers

Dow Jones06-02 04:34

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

Shares of International Business Machines Corp. advanced 7.6% to $320.42 on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.3% to 7,599.96 and the Dow Jones Industrial Average rising 0.1% to 51,078.88.

This was the stock's fourth consecutive day of gains.

International Business Machines Corp. closed 1.4% short of its 52-week high of $324.90, which the company reached on November 12th.

The stock outperformed some of its peers, as Microsoft Corp. rose 2.3% to $460.52, Alphabet Inc. Cl C fell 1.0% to $372.58, and Alphabet Inc. Cl A fell 1.04% to $376.37.

Trading volume totaled 32.6 million, compared to the 50-day average of 7.3 million.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

June 01, 2026 16:34 ET (20:34 GMT)

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