Should I Buy International Business Machines Corp. (IBM) stock as it declined to $131.18 today? Is it best stock to buy?
Latest price action
International Business Machines Corp. (IBM) declined on April 13, 2021. Its latest stock price is $131.18 indicating change of -2.53%.
About 8,033,530 shares exchanged hands on April 13, 2021 for International Business Machines Corp. (IBM), compared with an average daily volume of 4,883,645 shares.
Daily price range
After opening the trading day at $133.00, shares of International Business Machines Corp. traded within a range of $130.38 to $133.62.
52 weeks price range
In the last 52 weeks, shares of International Business Machines Corp. has gone down to $103.03 marking it 52 week low and gone up at $137.07 indicating it 52 week high. Its year till date change is 3.07%.
Shares of International Business Machines Corp. is currently trading at $131.18 indicating P/E ratio of 21.06 .
More Financial Data
Coming soon to help you decide International Business Machines Corp. (IBM) stock trading!
About International Business Machines Corp.
Recent IBM News
Tue Apr 13 18:25:24 UTC 2021
Benzinga: The Bull And Bear Case For BlackBerry And IBM
On Tuesday, BlackBerry Ltd (NYSE: BB ) and International Business Machines Corporation (NYSE: IBM ) announced a new partnership where IBM has agreed to sell BlackBerry?s BlackBerry Spark platform to governments and enterprises nationwide. Both stocks have recently retraced from new highs. While IBM is trading down 4.6% from its March 29 high of $137.07, BlackBerry?s stock has plummeted a whopping 68% from its Jan. 27 high of $28.80. BlackBerry?s fall, unlike the retracement of IBM?s stock, is inorganic, however, as BlackBerry?s parabolic move, in both directions, was due to the stock being a target of the r/WallStreetBets community. There are key levels and patterns in both tech stocks for traders and investors to watch going forward. The BlackBerry Chart: BlackBerry?s rise in ? Full story available on Benzinga.com
Tue Apr 13 15:00:00 UTC 2021
Business Insider: The CEO of Informatica explains how its big cloud revitalization push is rooted in its 28-year history, and Microsoft's cloud boss says it's a key partner
Summary List Placement When Informatica, a data warehousing company, was first founded in the early '90s, it was focused on data integration for companies running their business on physical servers ? a thriving industry and a big part of the early tech booms. Then came the ascent of cloud giants Amazon Web Services, Microsoft Azure, and Google Cloud ? which have become massive cloud platforms with artificial intelligence and data analytics capabilities. That could have spelled out the end for a company like Informatica, which removed itself from the public markets in 2015 following a $5.3 billion leveraged buyout deal that included Microsoft and Salesforce Ventures . Now, Informatica is making a big bet on the future. This week, at its annual conference Informatica World, the data management company announced new capabilities having to with its Microsoft cloud partnership , along with updates to its partnerships with Amazon's and Google's clouds. The company also announced enhancements to what it calls its Intelligent Data Management Cloud, its venture into data management for multi-cloud and multi-hybrid environments, which combine cloud and physical servers.
Mon Apr 12 20:47:41 UTC 2021
The Verge: Kyndryl is IBM?s wacky new name for its dry IT spinoff
IBM has officially revealed the name for its new IT business spinoff: Kyndryl, which it says combines the words "kinship" and "tendrils."
Mon Apr 12 19:30:00 UTC 2021
CNN: IBM spinoff joins a long list of questionable corporate names
There's a new member in the pantheon of the worst-named companies in history. Introducing "Kyndryl."
Mon Apr 12 13:12:00 UTC 2021
Benzinga: This Day In Market History: The Yahoo! IPO
Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On this day in 1996, Yahoo! went public. Where The Market Was : The Dow finished the day at 5,532.59. The S&P 500 finished at 636.71. What Else Was Going On In The World? In 1996, the IBM (NYSE: IBM ) computer Deep Blue defeated world chess champion Gary Kasparov. Microsoft Corporation (NASDAQ: MSFT ) and partner NBC launched cable ? Full story available on Benzinga.com
Do you want to keep a check on Friday offers in your nearby Domino?s outlet but get rid of annoying property deals that spam you by SMS? Well, you will soon have a choice to decide who can send you an SMS by confirming or denying your consent. You can even tell the brand which day and what time of the day you are comfortable with receiving a promotional message. The challenge is that you would need to do it individually for more than 400,000 enterprises that are targeting you as a potential customer.?Consent? is the third part of the blockchain-based mechanism that telecom operators are putting in place to check pesky, fraud SMSes, as directed by the Telecom Regulatory Authority of India (Trai).Operators have implemented the first two elements of the world?s largest blockchain-based solution ? distributed ledger technology (DLT) ? to monitor SMS traffic for about one billion mobile phone users in India. It involved filtering of messages sent by registered companies based on their pre-registered header (for instance, VM-HDFCBK) and content.However, the third, and perhaps most critical element, taking user consent, is seen to be the most challenging and time taking, given the sheer size of the undertaking ? about 400,000 companies sending a billion transactional and promotional SMSes per day from 15,25,000 different headers.?The permutations of one billion customers submitting consent to 400,000 principal entities has created a massive database of 10 billion consents coming mainly from ecommerce giants and banks,? said Uday Reddy, chairman of Tanla Platforms, the blockchain service provider to Bharti Airtel, Vodafone Idea, BSNL and MTNL. ?The DLT has an upload capacity of 100 tps (transactions per second), meaning it will take three years to upload 10 billion consents on it.
Thu Apr 08 17:43:58 UTC 2021
Forbes: IBM Cloud For Financial Services Helps Firms Meet Regulatory Requirements
IBM has launched the industry's first financial services-ready cloud platform, IBM Cloud for Financial Services, which includes a set of security and compliance controls to operate securely with bank-sensitive data in the public cloud.
Thu Apr 08 12:25:40 UTC 2021
Investing.com: Morgan Stanley Stick to Their Hold Rating for International Business Machines By Investing.com
Morgan Stanley Stick to Their Hold Rating for International Business Machines