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IBM Common Stock closed at 255.70 USD, recording a substantial gain of 33.15 points (14.90%) over the past five days. As of January 31 at 7:59 PM GMT-5, the stock showed remarkable strength, reflecting investor optimism and positive sentiment surrounding the company. In after-hours trading, however, IBM’s stock dipped slightly to 255.20 USD, losing 0.50 points (-0.20%.
During the trading day, IBM reached a high of 257.24 USD, indicating strong buying interest as the stock peaked throughout the day. The low of 251.89 USD reflects intraday volatility. The opening price of 256.05 USD indicates that IBM started the session at a relatively strong level before fluctuating within a defined range.
IBM currently holds a market capitalization of 23.64K Cr, reflecting its strong position in the market. Even though the stock ended with a red sign on Friday, it had an overall positive week as it reported better-than-expected earnings which was advanced by the IBM’s investments in AI.
Disclaimer: This article is for informational purposes only and does not constitute any financial advice.