- July 13, 2021
- Posted by: Stratford Team
- Category: Business
Shares of International Business Machines Corp.
IBM,
-0.42%
sank 0.42% to $140.92 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index
SPX,
+0.35%
rising 0.35% to 4,384.63 and the Dow Jones Industrial Average
DJIA,
+0.36%
rising 0.36% to 34,996.18. The stock’s fall snapped a three-day winning streak. International Business Machines Corp. closed $11.92 short of its 52-week high ($152.84), which the company reached on June 10th.
The stock underperformed when compared to some of its competitors Monday, as Apple Inc.
AAPL,
-0.42%
fell 0.42% to $144.50, Microsoft Corp.
MSFT,
-0.22%
fell 0.22% to $277.32, and Alphabet Inc. Cl A
GOOGL,
+1.16%
rose 1.16% to $2,539.51. Trading volume (3.3 M) remained 1.3 million below its 50-day…