IBM stock slips below $300 heading into 2026 as Wall Street shuts for New Year’s Day
NEW YORK, January 1, 2026, 11:37 ET — Market closed 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