- June 19, 2021
- Posted by: Stratford Team
- Category: Business
Shares of International Business Machines Corp.
IBM,
-1.70%
slid 1.70% to $143.12 Friday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index
SPX,
-1.31%
falling 1.31% to 4,166.45 and Dow Jones Industrial Average
DJIA,
-1.58%
falling 1.58% to 33,290.08. This was the stock’s fifth consecutive day of losses. International Business Machines Corp. closed $9.72 below its 52-week high ($152.84), which the company reached on June 10th.
The stock underperformed when compared to some of its competitors Friday, as Apple Inc.
AAPL,
-1.01%
fell 1.01% to $130.46, Microsoft Corp.
MSFT,
-0.56%
fell 0.56% to $259.43, and Alphabet Inc. Cl A
GOOGL,
-1.34%
fell 1.34% to $2,402.22. Trading volume (9.0 M) eclipsed its 50-day average volume of 5.0 M.
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