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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.

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Source Fool.com

International Business Machines Corp Stock

€192.22
-2.890%
A loss of -2.890% shows a downward development for International Business Machines Corp.
The stock is one of the favorites of our community with 45 Buy predictions and 3 Sell predictions.
With a target price of 271 € there is a positive potential of 40.98% for International Business Machines Corp compared to the current price of 192.22 €.
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