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IBM Shares Rise 1.7% Amid Growing Software Adoption

Guavy AI Editorial Team
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IBM
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International Business Machines (NYSE:IBM) shares rose 1.7% during mid-day trading on Tuesday, reaching as high as $234.45 and last trading at $232.7370.

The company's stock traded a total of 3,905,131 shares, a decline of 52% from the average session volume of 8,064,319 shares.

IBM's Maximo software adoption and government demand have been showing positive signs, with new Verdantix research commissioned by Cohesive finding that IBM Maximo users exhibit greater maintenance maturity than industry peers.

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