DJ International Business Machines Corp. Stock Falls Wednesday, Underperforms Market

Dow Jones2021-10-21

DJ International Business Machines Corp. Stock Falls Wednesday, Underperforms Market

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

Shares of International Business Machines Corp. $(IBM)$ slumped 0.06% to $141.90 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.37% to 4,536.19 and the Dow Jones Industrial Average rising 0.43% to 35,609.34. This was the stock's third consecutive day of losses. International Business Machines Corp. closed $10.94 below its 52-week high ($152.84), which the company achieved on June 10th.

The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Apple Inc. $(AAPL)$ rose 0.34% to $149.26, Microsoft Corp. $(MSFT)$ fell 0.27% to $307.41, and Alphabet Inc. Cl A $(GOOGL)$ fell 1.02% to $2,835.38. Trading volume (5.8 M) eclipsed its 50-day average volume of 3.6 M.

Data source: Dow Jones Market Data, FactSet. Data compiled October 20, 2021.

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October 20, 2021 17:00 ET (21:00 GMT)

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