International Business Machines Corp. Stock Advances 3.9%, Outperforms Peers
Dow Jones2026/08/27 20:35This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of International Business Machines Corp. advanced 3.9% to $238.79 on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.7% to 7,730.99 and the Dow Jones Industrial Average rising 0.2% to 53,569.44.
International Business Machines Corp. closed 28.2% short of its 52-week high of $332.46, which the company reached on June 2nd.
The stock outperformed some of its peers, as Microsoft Corp. rose 1.8% to $505.06, Alphabet Inc. Cl C fell 0.4% to $337.71, and Alphabet Inc. Cl A fell 0.39% to $340.65.
Trading volume totaled 5.5 million, compared to the 50-day average of 9.8 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
August 27, 2026 16:35 ET (20:35 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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