Apple Stock – International Business Machines Corp. stock rises Wednesday, outperforms market
Shares of International Business Machines Corp.
advanced 1.07% to $150.67 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index
falling 0.18% to 4,219.55 and Dow Jones Industrial Average
falling 0.44% to 34,447.14. This was the stock’s fourth consecutive day of gains. International Business Machines Corp. hit a new 52-week high, surpassing its previous peak of $150.20, which the company reached on June 8th.
The stock outperformed some of its competitors Wednesday, as Apple Inc.
rose 0.31% to $127.13, Microsoft Corp.
rose 0.40% to $253.59, and Alphabet Inc. Cl A
rose 0.40% to $2,407.94. Trading volume (5.2 M) eclipsed its 50-day average volume of 5.1 M.