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Published: Oct. 9, 2023 at 4:39 p.m. ET
Shares of International Business Machines Corp. IBM inched 0.12% higher to $142.20 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX rising 0.63% to 4,335.66 and the Dow Jones Industrial Average DJIA rising 0.59% to 33,604.65.
This was the stock’s fourth consecutive day of gains.
International…
Shares of International Business Machines Corp.
IBM
inched 0.12% higher to $142.20 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index
SPX
rising 0.63% to 4,335.66 and the Dow Jones Industrial Average
DJIA
rising 0.59% to 33,604.65.
This was the stock’s fourth consecutive day of gains.
International Business Machines Corp. closed $11.01 below its 52-week high ($153.21), which the company achieved on December 13th.
The stock underperformed when compared to some of its competitors Monday, as Microsoft Corp.
MSFT
rose 0.78% to $329.82, Alphabet Inc. Cl C
GOOG
rose 0.56% to $139.50, and Alphabet Inc. Cl A
GOOGL
rose 0.61% to $138.42.
Trading volume (2.3 M) remained 1.6 million below its 50-day average volume of 3.9 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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