Old Mission Investment Co LLC Bets Big on IBM with $1.82 Million Stake

Old Mission Investment Co LLC has made a significant investment in IBM, purchasing 6,456 shares of the technology company's stock for approximately $1.82 million.

This is not an isolated instance, as several other institutional investors have also acquired new positions in IBM during the second quarter.

The technology giant reported its earnings results on July 22nd, with a quarterly revenue of $17.16 billion and a net margin of 15.52%.