Company Close Updates: International Business Machines Corp. stock outperforms market on strong trading day
Shares of International Business Machines Corp.
IBM,
+1.62%
rallied 1.62% to $128.97 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index
SPX,
-0.38%
falling 0.38% to 3,795.54 and Dow Jones Industrial Average
DJIA,
-0.22%
falling 0.22% to 30,991.52. International Business Machines Corp. closed $29.78 below its 52-week high ($158.75), which the company reached on February 6th.