Company Close Updates: International Business Machines Corp. stock outperforms competitors despite losses on the day
Shares of International Business Machines Corp.
IBM,
-0.34%
sank 0.34% to $120.33 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index
SPX,
-0.81%
falling 0.81% to 3,870.29 and Dow Jones Industrial Average
DJIA,
-0.46%
falling 0.46% to 31,391.52. International Business Machines Corp. closed $15.77 short of its 52-week high ($136.09), which the company achieved on March 3rd.
The stock demonstrated a mixed performance when compared…