Shares of International Business Machines Corp.
advanced 1.56% to $125.29 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index
rising 0.56% to 3,970.99 and the Dow Jones Industrial Average
rising 0.41% to 32,237.53. The stock’s rise snapped a two-day losing streak. International Business Machines Corp. closed $27.92 short of its 52-week high ($153.21), which the company achieved on December 13th.
The stock outperformed some of its competitors Friday, as Microsoft Corp.
rose 1.05% to $280.57, Alphabet Inc. Cl C
fell 0.19% to $106.06, and Alphabet Inc. Cl A
fell 0.15% to $105.44. Trading volume (3.8 M) remained 1.7 million below its 50-day average volume of 5.5 M.