International Business M... (NYSE:IBM)
Historical Stock Chart
1 Month : From Oct 2019 to Nov 2019
By Stephen Nakrosis
Shares of International Business Machines Corp. (IBM) are trading lower in Wednesday's after-hours market, following the release of the company's third-quarter results.
At 6:16 p.m. ET, IBM's shares had fallen 5.14% to trade at $134.80. Volume in the after-hours market was more than 994,000 shares.
The company's stock ended the day's regular session with a 0.62% loss, closing at $142.11.
After the bell Wednesday, IBM reported sales of $18.03 billion, below analysts' expectations. Net income for the quarter was $1.67 billion, or $1.87 a share. In the year-ago period, the company reported net income of $2.69 billion, or $2.94 a share.
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(END) Dow Jones Newswires
October 16, 2019 18:40 ET (22:40 GMT)
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