Tag Archives: ibm stock

An American technology leader IBM has shared positive news: IBM stock jumps 5%, which results from appointing a new CEO.On Thursday, IBM closed at $137.69 per share, 5% more than the day before. And it is continuing its growth, the price makes up $142.10.IBM stock jumps 5% after its announcement about the change in the board of directors. Arvind Krishna, the current IBM Senior Vice President for Cloud and Cognitive Software, will serve as CEO. Further, Jim Whitehurst, Red Hat’s former CEO,...

The New York Securities Exchange (NYSE) market shows the Wednesdays boost has resulted in a cool-down, with a visible 3% profit. IBM has its fourth-quarter sales stable from year to year, totaling $21.8 billion. However, IBM bought Red Hat on July 9, 2019. Then, promised a 60% premium bonus for the workers of Red Hat if they hurry up with developing the hybrid-cloud server software.IBM is showing a big interest in the open-source software company which is probably one of the few software...