International Business Machines Corp. stock outperforms competitors on strong trading day – MarketWatch

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International Business Machines Corp. stock outperforms competitors on strong trading day – MarketWatch

Shares of International Business Machines Corp. IBM, +3.79% advanced 3.79% to $138.16 Tuesday, on what proved to

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Shares of International Business Machines Corp.
IBM,
+3.79%

advanced 3.79% to $138.16 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index
SPX,
-0.68%

falling 0.68% to 4,134.94 and Dow Jones Industrial Average
DJIA,
-0.75%

falling 0.75% to 33,821.30. International Business Machines Corp. hit a new 52-week high, surpassing its previous peak of $137.07, which the company achieved on March 29th.

The stock outperformed some of its competitors Tuesday, as Apple Inc.
AAPL,
-1.28%

fell 1.28% to $133.11, Microsoft Corp.
MSFT,
-0.19%

fell 0.19% to $258.26, and Alphabet Inc. Cl A
GOOGL,
-0.47%

fell 0.47% to $2,279.01. Trading volume (15.5 M) eclipsed its 50-day average volume of 5.3 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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