IBM’s stock price surge would add over 50 points to the Dow

Shares of International Business Machines Corp. shot up $7.66, or 5.2%, in premarket trade, putting them on track for the biggest percentage gain since July 2011, after the information technology company beat profit and sales expectations. The price gain would be the biggest since January 2013, and would add about 53 points to the Dow Jones Industrial Average’s price. Dow futures were up 73 points in recent trade.

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From:: Stock Market News

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