International Business Machines Corp. stock outperforms market despite losses on the day – MarketWatch - Stock Villa Updates

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Friday, January 21, 2022

International Business Machines Corp. stock outperforms market despite losses on the day – MarketWatch

Shares of International Business Machines Corp. IBM, -1.12% shed 1.12% to $129.35 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX, -1.89% falling 1.89% to 4,397.94 and Dow Jones Industrial Average DJIA, -1.30% falling 1.30% to 34,265.37. This was the stock’s fifth consecutive day of losses. International Business Machines Corp. closed $16.64 short of its 52-week high ($145.99), which the company achieved on June 10th.

Despite its losses, the stock outperformed some of its competitors Friday, as Apple Inc. AAPL, -1.28% fell 1.28% to $162.41, Microsoft Corp. MSFT, -1.85% fell 1.85% to $296.03, and Alphabet Inc. Cl A GOOGL, -2.22% fell 2.22% to $2,607.03.true Trading volume (5.9 M) eclipsed its 50-day average volume of 5.5 M.

Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.



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