International Business Machines Corporation (IBM) stock surged +12.96%, trading at $258.27 on NYSE, up from the previous close of $228.63. The stock opened at $250.00, fluctuating between $247.01 and $261.80 in the recent session.
International Business Machines Corporation provides integrated solutions and services worldwide. The company operates through four business segments: Software, Consulting, Infrastructure, and Financing. The Software segment offers hybrid cloud platform and software solutions, such as Red Hat, an enterprise open-source solutions; software for business automation, AIOps and management, integration, and application servers; data and artificial intelligence solutions; and security software and services for threat, data, and identity. This segment also provides transaction processing software that supports clients' mission-critical and on-premise workloads in banking, airlines, and retail industries. The Consulting segment offers business transformation services, including strategy, business process design and operations, data and analytics, and system integration services; technology consulting services; and application and cloud platform services. The Infrastructure segment provides on-premises and cloud-based server and storage solutions for its clients' mission-critical and regulated workloads; and support services and solutions for hybrid cloud infrastructure, as well as remanufacturing and remarketing services for used equipment. The Financing segment offers lease, installment payment, loan financing, and short-term working capital financing services. The company was formerly known as Computing-Tabulating-Recording Co. International Business Machines Corporation was incorporated in 1911 and is headquartered in Armonk, New York.
Employees | 282200 |
Beta | 0.71 |
Sales or Revenue | $61.86B |
5Y Sales Change% | -0.222% |
Fiscal Year Ends | December |
Sector | Technology |
Industry | Information Technology Services |
International Business Machines Corporation (NYSE: IBM) stock price is $258.27 in the last trading session. During the trading session, IBM stock reached the peak price of $261.80 while $247.01 was the lowest point it dropped to. The percentage change in IBM stock occurred in the recent session was 12.96% while the dollar amount for the price change in IBM stock was $29.64.
The NYSE listed IBM is part of Information Technology Services industry that operates in the broader Technology sector. International Business Machines Corporation designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide.
Mr. Robert W. Lord
Senior Vice President of The Weather Company & Alliances
Dr. Bernard S. Meyerson
Chief Innovation Officer & Vice President
Mr. James J. Kavanaugh
Chief Financial Officer and Senior Vice President of Fin. & Operations
Mr. Jonathan H. Adashek
Senior Vice President of Marketing & Communications and Chief Communications Officer
Ms. Michelle H. Browdy
Senior Vice President of Legal & Regulatory Affairs and Gen. Counsel
Ms. Patricia Murphy
Vice President of Investor Relations
Mr. Gary D. Cohn
Executive Vice Chairman
Mr. Kirill Korniliev
Vice President of Sales and Head of The Industry Solutions Area In Central & Eastern Europe
Mr. Arvind Krishna
Chief Executive Officer & Chairman
Mr. Roger Premo
Gen. Mang. of Corporation Devel. & Strategy
Ms. Nickle Jaclyn LaMoreaux
Senior Vice President & Chief HR Officer
Mr. Thomas W. Rosamilia
Senior Vice President & Sr. Advisor
Ms. Kathryn W. Guarini
Chief Information Officer
Dr. Bernard S. Meyerson Ph.D.
Chief Innovation Officer & Vice President
Mr. Alexander Franz Stern
Executive Chairman
IBM's closing price is 58.82% higher than its 52-week low of $162.62 where as its distance from 52-week high of $261.80 is -1.35%.
Number of IBM employees currently stands at 282,200.
Official Website of IBM is: https://www.ibm.com
IBM could be contacted at phone 914 499 1900 and can also be accessed through its website. IBM operates from One New Orchard Road, Armonk, NY 10504, United States.
IBM stock volume for the day was 14.27M shares. The average number of IBM shares traded daily for last 3 months was 3.91M.
The market value of IBM currently stands at $238.81B with its latest stock price at $258.27 and 924.65M of its shares outstanding.
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