Morningstar reports that trading volume in IBM stock was unusually high for the 3rd Jan.

Volume more than twice 30-day average

This stock experienced unusually high trading volume of 11,712,800 shares today; its average daily volume over the previous 30 days was 5,493,400 shares.

Interestingly, the stock only closed slightly lower for the day, although there was about a 2% range in trading prices - but that’s not that big compared to other intraday trading ranges recently. There doesn’t seem to be any news to suggest why volume is up.

I should mention that I do own IBM stock and I am not providing advice!

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