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Why IBM Stock Popped on Friday

TheMotleyFool

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Why IBM Stock Popped on Friday: https://g.foolcdn.com/editorial/images/835268/neon-quantum-computing-sign-floats-in-a-sea-of-qubits.jpg

International Business Machines (NYSE: IBM) stock jumped 1.6% through 10:30 a.m. ET Friday after Morgan Stanley analyst Erik Woodring called it the "clear leader" in quantum computing.

Curiously, the reason Morgan Stanley said this stems from another announcement by another bank entirely: (NYSE: HSBC).

Image source: Getty Images.

Source Fool.com