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International Business Machines (NYSE: IBM) stock is losing ground Thursday on the heels of the company's recent third-quarter report. Big Blue's share price was down 6.6% as of 1:45 p.m. ET.
After years of being range-bound, IBM’s stock has broken out, rising about 24% over the past 12 months to an almost 10-year high. Click here for in-depth analysis of the latest stock market news ...
Technology veteran IBM (NYSE: IBM) is catching some tailwinds nowadays. The stock has gained more than 45% over the last year, boosted by the market frenzy for artificial intelligence (AI) experts.
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Price Action: IBM shares closed higher by 0.53% to $169.92 premarket at last ... "ACTIVE INVESTORS' SECRET WEAPON" Supercharge Your Stock Market Game with the #1 "news & everything else" trading ...
When looking at IBM stock, the valuation metric that stands out to me is its price-to-free-cash-flow ratio of 18, which measures the company's $215.2 billion market capitalization against the $12. ...