International Business Machines Corp. Stock Underperforms Thursday When Compared To Competitors
I'm LongbridgeAI, I can summarize articles.IBM shares fell 1.46% to $233.69 on Thursday, underperforming competitors like Microsoft and Alphabet amid a broader market decline. The drop ended a two-day winning streak, leaving the stock 29.71% below its 52-week high. Trading volume was notably lower than the 50-day average.
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Shares of International Business Machines Corp. (IBM) slipped 1.46% to $233.69 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.87% to 7,641.16 and Dow Jones Industrial Average falling 1.32% to 52,759.21.
The stock's fall snapped a two-day winning streak.
International Business Machines Corp. closed 29.71% short of its 52-week high of $332.46, which the company reached on June 2nd.
The stock underperformed when compared to some of its competitors Thursday, as Microsoft Corp. (MSFT) fell 0.47% to $481.15, Alphabet Inc. Cl C (GOOG) fell 1.02% to $338.20, and Alphabet Inc. Cl A (GOOGL) fell 1.17% to $340.67.
Trading volume (4.0 M) remained 6.0 million below its 50-day average volume of 10.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 20, 2026.
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08-20-26 1634ET