International Business Machines Corp. Stock Underperforms Friday When Compared To Competitors
I'm LongbridgeAI, I can summarize articles.IBM shares fell 1.19% to $234.32 on Friday, underperforming competitors like Microsoft and Alphabet during a broader market decline. The stock closed 29.52% below its 52-week high of $332.46. Trading volume was significantly lower than the 50-day average.
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Shares of International Business Machines Corp. (IBM) shed 1.19% to $234.32 Friday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.17% to 7,785.76 and Dow Jones Industrial Average falling 0.20% to 53,732.41.
International Business Machines Corp. closed 29.52% short of its 52-week high of $332.46, which the company achieved on June 2nd.
The stock underperformed when compared to some of its competitors Friday, as Microsoft Corp. (MSFT) fell 0.30% to $495.40, Alphabet Inc. Cl C (GOOG) fell 0.12% to $343.54, and Alphabet Inc. Cl A (GOOGL) fell 0.13% to $345.90.
Trading volume (3.7 M) remained 6.7 million below its 50-day average volume of 10.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 14, 2026.
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08-14-26 1634ET