Why IBM Stock Jumped 5.3% This Morning
Shares of (NYSE: IBM) surged as much as 5.3% higher on Thursday morning, peaking around 10 a.m. ET. Two hours later, Big Blue's stock is up by 4%, adding $10.0 billion to the tech stock's market value.
The company is making significant investments in quantum computing and open-source software. The quantum news did most of the market-moving work today, but I'm honestly just as excited about the software news.
Image source: Getty Images.
Source Fool.com
International Business Machines Corp Stock
€241.65
-0.660%
With 42 Buy predictions and 3 Sell predictions International Business Machines Corp is one of the favorites of our community.
As a result the target price of 270 € shows a slightly positive potential of 11.73% compared to the current price of 241.65 € for International Business Machines Corp.
