GeneralBullishBlockonomi · 3h ago6/10
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IBM (IBM) Stock Surges Nearly 30% in Historic Four-Day Rally: What’s Driving the Momentum
IBM stock surged nearly 30% to a record $320.42 over four days, driven by Barclays' Overweight initiation and $350 price target citing the company's sticky enterprise software business. The rally reflects growing investor confidence in IBM's software segment and recurring revenue model.