IBM (IBM) Suffers a Larger Drop Than the General Market: Key Insights
IBMIBM(IBM) zacks.com·2024-05-24 06:45

The latest trading session saw IBM (IBM) ending at $170.67, denoting a -1.74% adjustment from its last day's close. The stock's change was less than the S&P 500's daily loss of 0.74%. Elsewhere, the Dow lost 1.53%, while the tech-heavy Nasdaq lost 0.39%. Heading into today, shares of the technology and consulting company had lost 5.65% over the past month, lagging the Computer and Technology sector's gain of 10.43% and the S&P 500's gain of 6.06% in that time. The upcoming earnings release of IBM will be of ...