The DJIA stock posting the largest daily percentage loss ahead of the close Tuesday was International Business Machines Corp. (NYSE: IBM) which traded lower by 5.77% at $140.63. The stock’s 52-week range is $140.27 to $176.30, and the low was posted today. Trading volume was more than 4 times the daily average of around 4.2 million. The tech giant reported weak earnings after markets closed last night.
Merck & Co. Inc. (NYSE: MRK) traded down 2.01% at $50.37. The stock’s 52-week range is $66.55 to $97.20. Trading volume was about 45% below the daily average of around 12.8 million. The company had no specific news today.
Pfizer Inc. (NYSE: PFE) traded down 1.46% at $33.99. The stock’s 52-week range is $28.00 to $36.46. Trading volume was about half the daily average of around 26.3 million. The stock was upgraded by Cowen today, but overall weakness in biotech cancelled out a potential share price gain.
Visa Inc. (NYSE: V) traded down 1.03% at $76.20. The stock’s 52-week range is $51.29 to $76.92. Trading volume was about a third below the daily average of around 9 million. The credit card issuer had no specific news today.
Of the Dow 30 stocks 17 are set to close lower today and 13 are on track to close higher.
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