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International Business Machines Corporation (IBM) |
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IBM $238.0400
$3.2900 
1.40%
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Volume (M):
110
Open :
233.55 52 Wk Avg :
190.16
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IBM $238.0400
$3.2900
1.40%
|
Volume (M):
110
Open :
233.55 52 Wk Avg :
190.16
|
|
News about International Business Machines Corporation's Stock Movement |
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August 15, 2024
Year to date, International Business Machines Corporation (IBM) has demonstrated strong performance, surpassing market expectations and outperforming its competitors. This article examines the events and financial indicators that contribute to IBM s success and growth.IBM s Strong Performance in the Technology SectorIn the second quarter of 2024, IBM reported a higher than expected earnings per share (EPS) of $2.43, beating estimates of $2.18. This positive earnings result can be attributed to net income growth, indicating a strong financial position for the company. IBM s return on assets (ROA) for the quarter stood at 7.01%, surpassing the 6.93% recorded in the first quarter of 2024.
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