IBM Up Over 8% After 4Q Earnings Report -- Data Talk
January 23 2019 - 11:28AM
Dow Jones News
International Business Machines Corp. (IBM) is currently at
$132.61, up $10.09 or 8.24%
-- Would be highest close since Oct. 17, 2018, when it closed at
$134.05
-- On pace for largest percent increase since Oct. 18, 2017,
when it rose 8.86%
-- On Tuesday, IBM reported that fourth-quarter revenue fell
3.5%, to $21.76 billion, compared with $22.54 billion a year ago.
The company swung to a profit of $1.95 billion from a $1.05 billion
net loss a year earlier
-- Currently up three of the past four days
-- Up 16.66% month-to-date; on pace for best month since October
2002 when it rose 35.38%
-- Down 19.81% from 52 weeks ago (Jan. 24, 2018), when it closed
at $165.37
-- Up 10.19% at today's intraday high; largest intraday percent
increase since Jan. 21, 2009, when it rose as much as 11.73%
-- Best performer in the DJIA today
-- Third best performer in the S&P 500 today
-- Contributed 68.42 points to the DJIA so far today
All data as of 10:39:42 AM
Source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
January 23, 2019 11:13 ET (16:13 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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