International Business Machines (IBM) has seen variable stock trading, with instances of both increases (e.g., 1.3%, 0.3%) and decreases (e.g., 0.5%, 0.7%, 0.9%) in its stock price. The company has attracted significant attention from investors, particularly institutional shareholders who hold 60% of the company's stocks. Various funds and capital management companies have been adjusting their positions either by raising their stakes, such as the Illinois Municipal Retirement Fund and Jennison Associates LLC, or decreasing their stock positions, as done by FDx Advisors Inc. and Hennessy Advisors Inc. IBM has been recognized as a good dividend stock, announcing a larger dividend payout than last year, placed at $1.67. In other developments, IBM has also been rumored to acquire HashiCorp in a $6.4 billion deal which could further its potential in the cloud space. IBM remains one of the top Quantum Computing picks among hedge funds.
International Business Machines Corporation IBM News Analytics from Wed, 20 Sep 2023 07:00:00 GMT to Sun, 14 Jul 2024 16:13:59 GMT -
Rating -2
- Innovation 5
- Information 7
- Rumor 3
