By Khadija Saeed
Publication Date: 2026-01-01 16:54:00
NEW YORK, January 1, 2026, 11:37 ET — Market closed
- IBM shares last closed down 1.9% at $296.21, back under the $300 mark
- The Dow and S&P 500 ended 2025’s final session lower in thin trading
- Next on the calendar: IBM’s fourth-quarter earnings date and early-January U.S. data
International Business Machines Corp shares last closed down 1.9% at $296.21 on Wednesday, after trading between $295.90 and $303.00. U.S. stock markets are closed on Thursday for New Year’s Day. New York Stock Exchange
The drop matters because it pushed IBM back below $300, a round-number level that often acts as a near-term pivot for traders. It also comes as investors reset positions for the first trading session of 2026 after a late-December pullback in equities.
IBM is a Dow component, so even modest moves can sway the index on quiet days. With liquidity — the ease of buying or selling without moving prices much — often thinner around holidays, price swings can…
