International Business Machines Corporation (IBM) Closes 0.82% Down on the Day for November 13

Equities Staff  |

Shares of International Business Machines Corporation (IBM) ended the trading day Wednesday at $134.48, representing a move of -0.82%, or $1.11 per share, on volume of 2.91 million shares.

IBM looks to be a part of every aspect of an enterprise's IT needs. The company primarily sells infrastructure services (37% of revenue), software (29% of revenue), IT services (23% of revenue) and hardware (8% of revenues). IBM operates in 175 countries and employs approximately 350,000 people. The company has a robust roster of 80,000 business partners to service 5,200 clients - which includes 95% of all Fortune 500. While IBM is a B2B company, IBM's outward impact is substantial. For example, IBM manages 90% of all credit card transactions globally and is responsible for 50% of all wireless connections in the world.

After opening the trading day at $135.39, shares of International Business Machines Corporation traded between a range of $133.85 and $135.58. International Business Machines Corporation currently has a total float of 885.64 million shares and on average sees n/a shares exchange hands each day.

The stock now has a 50-day SMA of $n/a and 200-day SMA of $n/a, and it has a high of $152.95 and low of $105.94 over the last year.

International Business Machines Corporation is based out of Armonk, NY, and has 381,100 employees. The company’s CEO is Virginia M. Rometty.

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All data provided by QuoteMedia and was accurate as of 4:30PM ET.



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