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

Shares of International Business Machines Corp.
IBM,
+0.71%
inched 0.71% higher to $146.59 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index
SPX,
+0.13%
rising 0.13% to 4,297.50 and the Dow Jones Industrial Average
DJIA,
+0.61%
rising 0.61% to 34,502.51. This was the stock’s second consecutive day of gains. International Business Machines Corp. closed $6.25 below its 52-week high ($152.84), which the company achieved on June 10th.

The stock outperformed some of its competitors Wednesday, as Apple Inc.
AAPL,
+0.46%
rose 0.46% to $136.96, Microsoft Corp.
MSFT,
-0.18%
fell 0.18% to $270.90, and Alphabet Inc. Cl A
GOOGL,
-0.15%
fell 0.15% to $2,441.79. Trading volume (3.2 M) remained 1.3 million below its 50-day average…

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