- June 18, 2021
- Posted by: Stratford Team
- Category: Business
Shares of International Business Machines Corp.
IBM,
-1.51%
slipped 1.51% to $145.60 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index
SPX,
-0.04%
falling 0.04% to 4,221.86 and Dow Jones Industrial Average
DJIA,
-0.62%
falling 0.62% to 33,823.45. This was the stock’s fourth consecutive day of losses. International Business Machines Corp. closed $7.24 short of its 52-week high ($152.84), which the company achieved on June 10th.
The stock underperformed when compared to some of its competitors Thursday, as Apple Inc.
AAPL,
+1.26%
rose 1.26% to $131.79, Microsoft Corp.
MSFT,
+1.37%
rose 1.37% to $260.90, and Alphabet Inc. Cl A
GOOGL,
+0.80%
rose 0.80% to $2,434.87. Trading volume (4.3 M) remained 666,899 below its 50-day…
