IBM stock price rises 3% in New York trade as shutdown vote looms and earnings glow lingers
New York, February 2, 2026, 14:47 EST — Regular session underway.
- IBM shares climbed roughly 3% during afternoon trading, outperforming the wider market.
- Traders balanced last week’s fallout against Washington’s efforts to end the ongoing partial U.S. shutdown.
- Attention shifts to whether government disruptions will once again impact IBM’s bookings tied to Red Hat.
Shares of International Business Machines Corp climbed 3.0% to $316.01 in afternoon trade Monday, after briefly hitting $316.63, as investors held onto the stock following its earnings boost.
The gain unfolded while Wall Street eyed Capitol Hill ahead of a Tuesday vote on a deal to revive federal funding following a partial shutdown that…
