IBM on Pace for Largest Percent Decrease Since October 2018 -- Data Talk

Date : 10/17/2019 @ 3:25PM
Source : Dow Jones News
Stock : International Business Machines Corp (IBM)
Quote : 134.02  -0.46 (-0.34%) @ 6:34PM

IBM on Pace for Largest Percent Decrease Since October 2018 -- Data Talk

International Business M... (NYSE:IBM)
Historical Stock Chart

1 Month : From Oct 2019 to Nov 2019

Click Here for more International Business M... Charts.

International Business Machines Corporation (IBM) is currently at $133.78, down $8.33 or 5.86%

 

-- Would be lowest close since Aug. 28, 2019, when it closed at $132.76

-- On pace for largest percent decrease since Oct. 17, 2018, when it fell 7.63%

-- Earlier Thursday, Nomura cut its price target on IBM to $170.00/share from $175.00 per share, Benzinga reported. Three other firms also cut their price target on IBM, Benzinga reported

-- On Wednesday, IBM reported third-quarter revenue of $18 billion, down from $18.8 billion in the year-ago quarter. FactSet consensus was for $18.2 billion

-- Currently down three of the past four days

-- Currently down two consecutive days; down 6.45% over this period

-- Worst two day stretch since the two days ending Oct. 30, 2018, when it fell 7.52%

-- Down 8% month-to-date

-- Up 17.69% year-to-date; on pace for best year since 2016, when it rose 20.61%

-- Down 38.01% from its all-time closing high of $215.80 on March 14, 2013

-- Down 11.61% from its 52-week closing high of $151.36 on July 26, 2019

-- Traded as low as $132.91; lowest intraday level since Aug. 28, 2019, when it hit $130.04

-- Down 6.47% at today's intraday low; largest intraday percent decrease since Oct. 17, 2018, when it fell as much as 8.06%

-- Worst performer in the DJIA today

-- Worst performer in the S&P 500 today

-- Fifth most active stock in the S&P 500 today

-- Subtracted 56.48 points from the DJIA so far today

 

All data as of 10:43:10 AM

 

Source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

October 17, 2019 11:10 ET (15:10 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

Latest IBM Messages

{{bbMessage.M_Alias}} {{bbMessage.MSG_Date}} {{bbMessage.HowLongAgo}} {{bbMessage.MSG_ID}} {{bbMessage.MSG_Subject}}

Loading Messages....


No posts yet, be the first! No {{symbol}} Message Board. Create One! See More Posts on {{symbol}} Message Board See More Message Board Posts


Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.


NYSE, AMEX, and ASX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.