Shares of International Business Machines Corp.
slid 0.20% to $146.36 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index
rising 0.51% to 4,246.44 and the Dow Jones Industrial Average
rising 0.20% to 33,945.58. International Business Machines Corp. closed $6.48 below its 52-week high ($152.84), which the company reached on June 10th.
The stock underperformed when compared to some of its competitors Tuesday, as Apple Inc.
rose 1.27% to $133.98, Microsoft Corp.
rose 1.10% to $265.51, and Alphabet Inc. Cl A
rose 0.43% to $2,446.61. Trading volume (2.4 M) remained 2.7 million below its 50-day average volume of 5.1 M.