IBM (IBM) Stock Sinks As Market Gains: Here's Why

In the latest market close, IBM (IBM) reached $224.26, with a -0.24% movement compared to the previous day. This move lagged the S&P 500's daily gain of 0.88%. Elsewhere, the Dow gained 1.24%, while the tech-heavy Nasdaq added 0.65%.Shares of the technology and consulting company witnessed a gain of 1.29% over the previous month, beating the performance of the Computer and Technology sector with its gain of 0.37% and the S&P 500's gain of 1.17%.The upcoming earnings release of IBM will be of great interest ...