International Business Machines Corp. stock rises Thursday, outperforms market

Shares of International Business Machines Corp.
IBM,
+0.66%
inched 0.66% higher to $140.74 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index
SPX,
-0.86%
falling 0.86% to 4,320.82 and Dow Jones Industrial Average
DJIA,
-0.75%
falling 0.75% to 34,421.93. This was the stock’s second consecutive day of gains. International Business Machines Corp. closed $12.10 below its 52-week high ($152.84), which the company achieved on June 10th.

The stock outperformed some of its competitors Thursday, as Apple Inc.
AAPL,
-0.92%
fell 0.92% to $143.24, Microsoft Corp.
MSFT,
-0.90%
fell 0.90% to $277.42, and Alphabet Inc. Cl A
GOOGL,
-1.13%
fell 1.13% to $2,500.88. Trading volume (5.5 M) eclipsed its 50-day average volume of 4.6 M.

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