International Business Machines Corp. Stock Sheds 4.4%, Underperforms Peers
Dow Jones2026/09/16 20:35This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of International Business Machines Corp. slipped 4.4% to $237.49 on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.4% to 7,551.81 and Dow Jones Industrial Average falling 1.2% to 51,461.90.
This was the stock's second consecutive day of losses.
International Business Machines Corp. closed 28.6% below its 52-week high of $332.46, which the company reached on June 2nd.
The stock underperformed when compared to some of its peers, as Microsoft Corp. fell 1.4% to $490.30, Alphabet Inc. Cl C fell 0.6% to $339.36, and Alphabet Inc. Cl A fell 0.61% to $342.87.
Trading volume totaled 6.2 million, compared to the 50-day average of 8.8 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
September 16, 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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