IBM’s stock surge is helping keeping Dow in positive territory

International Business Machines Corp.’s stock is running up 4.6% in morning trade Thursday, enough to keep the Dow Jones Industrial Average in positive territory. The $5.83 price gain in IBM shares is adding about 40 points to the Dow, which is up 7 points. Earlier, IBM announced it was buying cloud-based healthcare data provider Truven Health Analytics for $2.6 billion. IBM’s stock has not lost 2.9% over the past three months, while the Dow has dropped 7.2%.

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From:: Stock Market News

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