IBM's Trading Volume Surges 37.46% to $1.287 Billion Ranking 54th in Daily Volume

Market BriefThursday, May 15, 2025 8:04 pm ET
1min read
IBM0.00%

On May 15, 2025, IBM's trading volume reached $1.287 billion, marking a 37.46% increase from the previous day. This surge placed IBM at the 54th position in terms of trading volume for the day. IBM's stock price rose by 3.44%.

IBM is on track to achieve a record high close, with its stock price currently at $266.92. This represents a significant milestone for the company, reflecting strong market confidence and performance.

RBC Capital has raised its price target for IBM from $276 to $285, maintaining an Outperform rating. This adjustment underscores the firm's optimism about IBM's future prospects and its strategic initiatives.

IBM has extended and expanded its collaboration with Finanz Informatik, focusing on AI, automation, and hybrid cloud technology. This partnership aims to support Finanz Informatik's strategic initiatives and enhance its technological capabilities.

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