International Business Machines Corp. stock rises Wednesday, outperforms market

Shares of International Business Machines Corp.
inched 0.75% higher to $139.82 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index
rising 0.34% to 4,358.13 and the Dow Jones Industrial Average
rising 0.30% to 34,681.79. The stock’s rise snapped a two-day losing streak. International Business Machines Corp. closed $13.02 below its 52-week high ($152.84), which the company achieved on June 10th.

The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Apple Inc.
rose 1.80% to $144.57, Microsoft Corp.
rose 0.82% to $279.93, and Alphabet Inc. Cl A
rose 0.23% to $2,529.48. Trading volume (4.0 M) remained…

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