Advertiser Disclosure is compensated in exchange for featured placement of sponsored products and services, or your clicking on links posted on this website. That's how we make money. This compensation may impact how, where and in what order products appear. does not include all companies or all available products. We will never allow advertisers to influence our opinion of financial products that appear on this site.

IBM Shares Appreciated by 10% and Showed the Fastest Growth in Ten Years

Shares of IBM, the American manufacturer of computers and software components, appreciated by 10.2 percent during trading on January 23, according to trading data on the New York Stock Exchange (NYSE).

At the time of publication, one share of the Company cost $132.05, which is by 7.7 percent higher than the close price on January 22. During the trading session, the maximum price of the security reached $135 per share.

The growth has been the most significant since January 2009. At the same time, IBM quotes fell down by almost 25 percent over the past year.

IBM was founded in New York in 1911. Initially, it manufactured electrical equipment and household appliances and subsequently switched to personal computers. In 2004, the relevant unit was sold to the Chinese Lenovo. Currently, IBM is engaged in manufacturing microprocessors, servers and operating systems.

About the author

InvestorGreg Editorial Team

InvestorGreg Editorial Team

The InvestorGreg Editorial Team is a group of financial writers and analysts who cover the worlds of finance and investment. Read more